Price for Braids; in the Piece in Denmark - 2023
Contents:
- Price for Braids; in the Piece in Denmark (FOB) - 2023
- Price for Braids; in the Piece in Denmark (CIF) - 2022
- Exports of Braids; in the Piece in Denmark
- Imports of Braids; in the Piece in Denmark
Price for Braids; in the Piece in Denmark (FOB) - 2023
In June 2023, the average braids; in the piece export price amounted to $9,649 per ton, which is down by -48.1% against the previous month. Overall, the export price, however, recorded pronounced growth. The pace of growth was the most pronounced in July 2022 an increase of 179% against the previous month. The export price peaked at $18,596 per ton in May 2023, and then reduced dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($25,008 per ton), while the average price for exports to Australia ($4,200 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Braids; in the Piece in Denmark (CIF) - 2022
The average braids; in the piece import price stood at $13,603 per ton in 2022, falling by -10.1% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece import price increased by +33.5% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $15,414 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($33,313 per ton), while the price for Estonia ($5,846 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Braids; in the Piece in Denmark
In 2022, after three years of growth, there was significant decline in overseas shipments of braids; in the pieces, when their volume decreased by -45.5% to 137 tons. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 82% against the previous year.
In value terms, braids; in the piece exports contracted rapidly to $1.4M in 2022. Overall, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 117%.
| Export of Braids; in the Piece in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 152 | 447 | 297 | 355 | 32.7% |
| Australia | 163 | 263 | 349 | 195 | 6.2% |
| Ukraine | 59.1 | 107 | 61.6 | 138 | 32.7% |
| United States | 12.1 | 39.6 | 107 | 136 | 124.0% |
| Netherlands | 18.6 | 120 | 258 | 98.1 | 74.1% |
| United Kingdom | 34.6 | 57.7 | 102 | 52.9 | 15.2% |
| Spain | 28.0 | 19.0 | 90.1 | 48.0 | 19.7% |
| Sweden | 310 | 701 | 354 | 44.4 | -47.7% |
| Austria | 12.7 | 48.0 | 74.6 | 41.7 | 48.6% |
| Faroe Islands | 0.4 | 0.3 | 0.9 | 23.0 | 286.0% |
| Greenland | 18.2 | 0.7 | 12.4 | 22.5 | 7.3% |
| South Korea | 13.9 | 18.7 | 29.9 | 21.4 | 15.5% |
| Switzerland | 35.9 | 34.9 | 44.7 | 11.6 | -31.4% |
| Others | 234 | 516 | 812 | 195 | -5.9% |
| Total | 1,093 | 2,373 | 2,593 | 1,383 | 8.2% |
Top Export Markets for Braids; in the Piece from Denmark in 2022:
- Australia (42.2 tons)
- United States (27.1 tons)
- Germany (19.9 tons)
- Ukraine (8.4 tons)
- Netherlands (5.5 tons)
- United Kingdom (5.4 tons)
- South Korea (4.7 tons)
- Sweden (3.6 tons)
- Faroe Islands (3.3 tons)
- Greenland (2.8 tons)
- Spain (2.4 tons)
- Austria (2.2 tons)
- Switzerland (1.1 tons)
Imports of Braids; in the Piece in Denmark
In 2022, the amount of braids; in the pieces imported into Denmark skyrocketed to 106 tons, growing by 19% on 2021. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, braids; in the piece imports expanded notably to $1.4M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Braids; in the Piece in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 232 | 136 | 209 | 366 | 16.4% |
| Estonia | 243 | 195 | 252 | 258 | 2.0% |
| Sweden | 140 | 134 | 262 | 251 | 21.5% |
| China | 76.3 | 139 | 310 | 211 | 40.4% |
| Taiwan (Chinese) | 114 | 65.5 | 61.1 | 78.4 | -11.7% |
| Others | 157 | 262 | 251 | 273 | 20.3% |
| Total | 964 | 932 | 1,345 | 1,437 | 14.2% |
Top Suppliers of Braids; in the Piece to Denmark in 2022:
- Estonia (44.1 tons)
- Sweden (21.3 tons)
- China (13.5 tons)
- Germany (11.0 tons)
- Taiwan (Chinese) (10.6 tons)
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