The import of natural stone setts, kerbstones, and flagstones to Denmark has shown fluctuations over the past decade. From 2013 to 2023, the year-on-year variations display periods of growth and decline. Notably, there was a significant increase in 2014 (9.2%) and 2017 (14.9%), whereas in 2021, a marked decrease (-14.73%) occurred. In 2023, the import volume stood at 94.066 million kilograms, reflecting a moderate increase of 2.36% from 2022. Over the last five years (2019-2023), the Compound Annual Growth Rate (CAGR) was -2.02%, indicating a general downward trend.
Looking ahead, the forecast from 2024 to 2028 suggests a consistent upwards trajectory with a 5-year CAGR of 1.68% and an overall growth rate of 8.71%. The import volume is expected to reach 104.59 million kilograms by 2028. This positive forecast points to a recovering market, driven by potential increases in construction activities and infrastructure projects.
Future trends to watch for include changes in construction industry dynamics, global supply chain shifts, and potential economic policies affecting import regulations. Monitoring these factors will offer insights into the market's direction and opportunities for strategic planning.