Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Denmark - 2023

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Denmark (CIF) - 2023
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Denmark (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Denmark
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Denmark

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Denmark (CIF) - 2023

In November 2023, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $4,483 per ton, dropping by -2.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 251% month-to-month. Over the period under review, average import prices hit record highs at $54,342 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Poland ($4,746 per ton), while the price for China totaled $4,332 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.9%).

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Denmark (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $4,861 per ton in 2022, waning by -26.8% against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 16% against the previous year. The export price peaked at $14,629 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($35,214 per ton), while the average price for exports to Norway ($3,152 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-3.5%), while the prices for the other major destinations experienced a decline.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Denmark

For the fourth year in a row, Denmark recorded growth in overseas purchases of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, which increased by 44% to 7.7K tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses soared to $38M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Denmark in 2022:

1. China (7.6K tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Denmark

For the fourth year in a row, Denmark recorded growth in overseas shipments of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, which increased by 86% to 672 tons in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $3.3M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Denmark in 2022:

1. Norway (441.1 tons)
2. Greenland (125.2 tons)
3. Faroe Islands (72.9 tons)
4. United Kingdom (14.5 tons)
5. Iceland (10.1 tons)
6. Germany (1.8 tons)

Source: IndexBox Market Intelligence Platform