Vulcanised rubber articles market in Denmark

Earlier Report Observations

The Danish market for vulcanised rubber articles began the period at 102.3 million dollars in 2018, supported by strong European production growth and the emergence of innovative product trends such as SBR blends with reinforcing fillers. European production growth slowed in 2019, coinciding with a decline in Denmark's market size to 90.9 million dollars. The market continued to contract through 2020 and 2021, reaching 68.8 million dollars by 2021.

Market conditions improved from 2022, with the size rising to 79.2 million dollars. This recovery was influenced by the global introduction of advanced products like liquid silicone rubber and broader supply chain disruptions affecting material availability. Growth accelerated in 2023 as the market reached 92.5 million dollars, bolstered by rising European exports of rubber apparel and accessories and increasing consumer demand for sustainable materials and electric vehicle components.

In 2024, the market contracted sharply to 46.9 million dollars. This aligned with a 5% decrease in European production of vulcanised cellular rubber articles, which reduced manufacturing output in Denmark as part of the regional market.

Production vulcanised rubber articles in Denmark

In value, 2018-2021, K $ US

In 2021, Denmark's output of vulcanized rubber articles was valued at 74,890 thousand US dollars, remaining relatively stable compared to 2020. Over the period from 2018 to 2021, production decreased by 13.3%, with a compound annual growth rate of -4.6%. The maximum value was recorded in 2019 at 93,595 thousand US dollars, which saw an increase of 8.4%. The largest decline occurred in 2020, with a drop of 20.0%.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

In kind, 2018-2021, t

Vulcanized rubber articles production in Denmark declined for the second consecutive year. In 2021, Denmark produced 2,472 tonnes, representing a significant drop of 64.3% compared to the previous year. Between 2018 and 2021, production decreased by 65.5%, equating to an annualized rate of -29.9%. The maximum value was recorded in 2019 at 7,901 tonnes, which saw an increase of 10.3%.

Annual dynamics of production in Denmark in kind, 2018-2021, t

Exports vulcanised rubber articles from Denmark

Exports in kind, t

Denmark's export volume of vulcanized rubber articles declined for the third consecutive year. In 2021, Denmark exported 6,185 tonnes, showing a dramatic drop of 27.6% compared to the previous year. Between 2018 and 2021, exports decreased by 31.1%, equating to an annualized rate of -11.7%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

From 2018 to 2021, the United States (34.3% of exports in kind), Germany (11.7%), and Poland (10.5%) were the principal destinations for Denmark's exports in kind, jointly accounting for 56.4% of total flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, M $ US

In 2021, Denmark exported vulcanized rubber articles worth 206.1 million US dollars, which is 34.4% higher compared to the previous year. Over the period from 2018 to 2021, exports increased by 38.1%, with a compound annual growth rate of 11.4%. The largest decline was recorded in 2020, with a drop of 1.7%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, M $ US

During 2018–2021, exports in value terms of vulcanized rubber articles from Denmark were spread relatively evenly. Germany (22.3% of exports in value terms), China (10.2%), and the United States (8.6%) jointly accounted for only 41.1% of total flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports vulcanised rubber articles to Denmark

Imports in kind, t

In 2021, Denmark's imports of vulcanized rubber articles amounted to 17,127 tonnes, showing a limited contraction of 8.4% over the past year. Between 2018 and 2021, imports decreased by 5.1%, equating to an annualized rate of -1.7%. The minimum value was recorded in 2019 at 16,864 tonnes, while the maximum value was in 2020 at 18,691 tonnes, which saw an increase of 10.8%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

In 2018–2021, Germany (34.7% of imports in kind), China (11.8%), and Poland (11.1%) continued to be the main suppliers of vulcanized rubber articles to Denmark, jointly forming 57.5% of total imports in kind.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, M $ US

Vulcanized rubber articles imports to Denmark increased for the second consecutive year. In 2021, imports amounted to 200.0 million US dollars, which is 28.0% more compared with 2020. Over the period from 2018 to 2021, imports increased by 21.1%, with a compound annual growth rate of 6.6%. The minimum value was recorded in 2019 at 153.3 million US dollars, which saw a decline of 7.2%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, M $ US

The partner structure of imports in value terms in 2018–2021 remained fragmented. Germany (25.6% of imports in value terms), China (12.4%), and Sweden (11.4%) together accounted for only 49.4% of total flows, with no single country exceeding a dominant share.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021