Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark - 2023
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark (CIF) - 2023
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark (FOB) - 2023
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark (CIF) - 2023
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,751 per ton in November 2023, picking up by 12% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 534% m-o-m. The import price peaked at $5,097 per ton in September 2023; however, from October 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($13,770 per ton), while the price for Sweden ($3,052 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark (FOB) - 2023
In November 2023, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $6,895 per ton, declining by -5.3% against the previous month. Overall, export price indicated a slight expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for adhesives; prepared, based on rubber or plastics (including artificial resins) increased by +17.5% against September 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 33% m-o-m. Over the period under review, the average export prices reached the maximum at $9,852 per ton in August 2023; however, from September 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Norway ($12,719 per ton), while the average price for exports to Mexico ($3,164 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark
In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Denmark expanded notably to 18K tons, surging by 9% compared with the year before. The total import volume increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) shrank to $58M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 17%.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.1 | 33.0 | 35.2 | 31.5 | 3.9% |
| Sweden | 7.9 | 8.0 | 10.5 | 7.6 | -1.3% |
| Poland | 1.5 | 2.3 | 3.3 | 4.8 | 47.4% |
| Belgium | 1.9 | 4.1 | 3.8 | 3.8 | 26.0% |
| Netherlands | 2.0 | 2.6 | 2.0 | 2.9 | 13.2% |
| China | 0.8 | 0.8 | 0.8 | 1.4 | 20.5% |
| France | 2.0 | 1.9 | 0.9 | 1.0 | -20.6% |
| Others | 6.1 | 6.2 | 5.9 | 5.2 | -5.2% |
| Total | 50.2 | 58.9 | 62.4 | 58.1 | 5.0% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Denmark in 2022:
- Germany (12.9K tons)
- Sweden (1.5K tons)
- Poland (1.2K tons)
- Belgium (0.7K tons)
- Netherlands (0.6K tons)
- China (0.4K tons)
- France (0.3K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark
In 2022, after three years of growth, there was significant decline in shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume decreased by -31.4% to 3K tons. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) dropped sharply to $18M in 2022. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, the exports reached the peak of $27M, and then contracted notably in the following year.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 2.3 | 2.4 | 3.9 | 4.2 | 22.2% |
| Sweden | 3.8 | 5.5 | 8.2 | 4.1 | 2.6% |
| Norway | 0.5 | 0.8 | 1.2 | 1.3 | 37.5% |
| United States | 0.7 | 1.4 | 2.4 | 1.2 | 19.7% |
| Germany | 1.4 | 1.5 | 1.0 | 1.1 | -7.7% |
| Spain | 0.4 | 0.7 | 1.2 | 0.9 | 31.0% |
| Estonia | 0.2 | 0.3 | 0.7 | 0.4 | 26.0% |
| Poland | 0.6 | 0.5 | 0.7 | 0.3 | -20.6% |
| United Kingdom | 0.3 | 1.2 | 0.7 | 0.3 | 0.0% |
| Latvia | 0.1 | N/A | 0.3 | 0.3 | 44.2% |
| Others | 2.2 | 3.6 | 6.2 | 4.3 | 25.0% |
| Total | 12.3 | 17.9 | 26.5 | 18.2 | 14.0% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Denmark in 2022:
- Sweden (625.6 tons)
- Finland (491.2 tons)
- United States (341.2 tons)
- Germany (268.0 tons)
- Norway (209.8 tons)
- United Kingdom (167.1 tons)
- Estonia (147.3 tons)
- Latvia (129.1 tons)
- Spain (123.7 tons)
- Poland (70.4 tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Denmark.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Denmark.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
216
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
