From 2013 to 2017, Denmark saw a fluctuating but generally upward trend in the import of asbestos friction materials. However, beginning in 2018, there was a noticeable decline, with year-on-year variations primarily showing negative growth rates. By 2023, imports stood at 2.4426 million USD, marking a consistent downtrend. The last two years observed reductions of -7.38% and -7.81%, and the five-year CAGR indicated an average annual decline of -11.06%.
Future forecasts predict a continued decline, with a projected five-year CAGR of -9.27% and an overall reduction of -38.51% by 2028. This suggests a steady decrease in the demand for these materials.
Future trends to watch for include shifts towards alternative friction materials, changes in regulatory environments, and advancements in technology that may impact the demand for asbestos-related products.
