Between 2013 and 2023, the import of corrugated paper and paperboard to Denmark exhibited significant fluctuations. Starting high with an annual growth of 22.64% in 2013, the import volumes saw increases and modest declines before a notable drop of 22.45% in 2020. Recovery was evident from 2021, with a steady CAGR of 1.79% up to 2023, where the volume stood at 32.217 million kilograms, marking an 8.23% increase from the previous year. Looking ahead, the forecasted values indicate a consistent gradual increase with a CAGR of 2.33% over the next five years, suggesting stable growth with the import volume projected to reach 37.316 million kilograms by 2028.
Future trends to watch for:
- Potential impacts of global economic fluctuations and supply chain disruptions on import volumes.- Technological advancements in sustainable packaging materials potentially reducing the dependency on corrugated paper.- Trade policies and environmental regulations influencing import dynamics.