Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Denmark - 2023

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Denmark (FOB) - 2022
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Denmark (CIF) - 2023
3. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Denmark
4. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Denmark

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Denmark (FOB) - 2022

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $12,592 per ton in 2022, rising by 26% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for footwear; parts, outer soles and heels, of rubber or plasticses increased by +62.5% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($39,415 per ton), while the average price for exports to Sweden ($6,327 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Denmark (CIF) - 2023

In December 2023, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $12,786 per ton, approximately equating the previous month. Overall, the import price saw a mild slump. The most prominent rate of growth was recorded in November 2023 an increase of 27% against the previous month. Over the period under review, average import prices reached the maximum at $15,368 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to December 2023, the rate of growth in terms of prices for Poland amounted to +9.2% per month.

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Denmark

In 2022, the amount of footwear; parts, outer soles and heels, of rubber or plasticses exported from Denmark skyrocketed to 156 tons, increasing by 19% against the previous year. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, the exports attained the peak of 189 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses surged to $2M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.8% 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 +76.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 53%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Denmark in 2022:

1. Ukraine (131.2 tons)
2. United States (22.4 tons)
3. Sweden (0.1 tons)

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Denmark

For the fourth year in a row, Denmark recorded growth in purchases abroad of footwear; parts, outer soles and heels, of rubber or plasticses, which increased by 31% to 174 tons in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +54.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $1.8M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.2% 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 +86.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Denmark in 2022:

1. Slovenia (108.2 tons)
2. Slovakia (26.1 tons)
3. Spain (10.8 tons)
4. Germany (8.7 tons)
5. Italy (6.7 tons)
6. Poland (6.3 tons)
7. Serbia (2.0 tons)

Source: IndexBox Market Intelligence Platform