From 2013 to 2023, the sold production of plastic packing goods in Denmark showed significant variation in both volume and value. Starting from 123.17 million kilograms in 2013, it fell notably by 18.85% to 111.81 million kilograms in 2014. Over the next few years, the production volume fluctuated slightly, achieving a steady increase until 2017, when it reached 122.16 million kilograms. A sharp rise occurred in 2018 (45.58%) peaking at 177.84 million kilograms, followed by a mild decline in 2019 at 174.57 million kilograms.
2020 saw a significant drop of 17.95%, reaching 143.23 million kilograms, but this was offset by a dramatic increase of 44.5% in 2021, resulting in 206.97 million kilograms. However, 2022 encountered a stark decline to 60.037 million kilograms, marking a year-on-year drop of 70.99%. By 2023, the production volume modestly recovered to 63.694 million kilograms, up by 6.09% from the previous year. The Compound Annual Growth Rate (CAGR) over the last five years shows a decreasing trend of -18.56%.
For future trends, forecasts indicate a gradual recovery with projections showing an increase to 70.588 million kilograms by 2028, reflecting a five-year CAGR of 1.63%. Observing these projected trends will be essential, focusing on technological advancements in biodegradable plastics, shifts in consumer preferences towards sustainability, and regulatory changes that may impact production volumes.
