Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Denmark - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Denmark (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Denmark (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Denmark
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Denmark

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Denmark (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $232,625 per ton in 2022, stabilizing at the previous year. In general, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 201%. The import price peaked at $233,971 per ton in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($788,503 per ton), while the price for China ($28,100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Denmark (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $70,251 per ton in 2022, declining by -26.7% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 288%. The export price peaked at $134,886 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($155,872 per ton), while the average price for exports to Faroe Islands ($22,047 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 the Netherlands (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Denmark

In 2022, imports of balances; of a sensitivity of 5cg or better, with or without weightses into Denmark stood at 17 tons, picking up by 5.2% on the previous year's figure. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 152% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses reached $3.9M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 278%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Denmark in 2022:

1. Germany (6.1 tons)
2. Italy (4.1 tons)
3. Netherlands (3.4 tons)
4. South Korea (1.3 tons)
5. Poland (0.8 tons)
6. China (0.7 tons)
7. Sweden (0.3 tons)
8. Belgium (0.3 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Denmark

In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses exported from Denmark soared to 6.3 tons, rising by 40% on 2021. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.4% 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 +78.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses expanded significantly to $486K in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 30%. As a result, the exports attained the peak of $527K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Denmark in 2022:

1. Norway (1629.0 kg)
2. United States (1137.0 kg)
3. Sweden (1019.0 kg)
4. France (745.0 kg)
5. Netherlands (366.0 kg)
6. Italy (357.0 kg)
7. Greenland (349.0 kg)
8. Faroe Islands (211.0 kg)
9. Germany (107.0 kg)
10. United Kingdom (94.0 kg)

Source: IndexBox Market Intelligence Platform