Updated Feb 26, 2023 01:28

Oriented Strandboard (OSB) Market in Denmark

Market Overview
The Danish oriented strandboard (OSB) market fell remarkably to $ in , declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a perceptible shrinkage. As a result, consumption reached the peak level of $, and then contracted remarkably in the following year.


Consumption
In , consumption of oriented strandboard (OSB) in Denmark declined rapidly to cubic meters, shrinking by -% against the previous year's figure. Over the period under review, consumption saw a pronounced decrease. Oriented strandboard (OSB) consumption peaked at cubic meters in 2019; however, from to , consumption remained at a lower figure.

The size of the oriented strandboard (OSB) market in Denmark shrank remarkably to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a pronounced downturn. As a result, consumption attained the peak level of $, and then dropped significantly in the following year.


Market Forecast
Driven by rising demand for oriented strandboard (OSB) in Denmark, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to cubic meters by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Oriented strandboard (OSB) market in Denmark consists almost entirely of imported products.


Trade Balance
Denmark remains a net importer of oriented strandboard (OSB); in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.