Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Denmark - 2024

Contents:

1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Denmark (FOB) - 2024
2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Denmark (CIF) - 2024
3. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Denmark
4. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Denmark

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Denmark (FOB) - 2024

In November 2023, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $20,792 per ton, growing by 2.5% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 13% against the previous month. The export price peaked at $23,162 per ton in June 2023; however, from July 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Ukraine ($14,950 per ton), while the average price for exports to Iceland ($6,049 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Denmark (CIF) - 2024

In November 2023, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $12,408 per ton, falling by -10.1% against the previous month. Over the last ten months, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in February 2023 an increase of 36% m-o-m. Over the period under review, average import prices hit record highs at $13,871 per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($15,940 per ton), while the price for Ukraine ($7,266 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Denmark

For the fourth consecutive year, Denmark recorded growth in shipments abroad of fabrics, knitted or crocheted, of a width of > 30 cms, which increased by 7% to 3.3K tons in 2022. The total export volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms expanded significantly to $58M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Denmark in 2022:

1. Poland (1359.4 tons)
2. Mexico (533.8 tons)
3. Ukraine (433.8 tons)
4. Lithuania (297.9 tons)
5. Romania (147.6 tons)
6. Norway (87.8 tons)
7. Germany (86.0 tons)
8. United States (65.1 tons)

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Denmark

In 2022, after three years of growth, there was significant decline in supplies from abroad of fabrics, knitted or crocheted, of a width of > 30 cms, when their volume decreased by -8.9% to 2.3K tons. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of 2.6K tons, and then reduced in the following year.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms reduced slightly to $30M in 2022. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 54%. As a result, imports attained the peak of $31M, and then shrank in the following year.

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Denmark in 2022:

1. Ukraine (886.8 tons)
2. Turkey (496.5 tons)
3. Poland (317.1 tons)
4. China (256.6 tons)
5. Netherlands (112.9 tons)
6. Italy (93.6 tons)
7. Germany (70.5 tons)

Source: IndexBox Market Intelligence Platform