Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark (CIF) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark (CIF) - 2023
In October 2023, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $9,313 per ton, flattening at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in January 2023 an increase of 14% against the previous month. Over the period under review, average import prices hit record highs in October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($10,158 per ton), while the price for Italy ($5,117 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $6,908 per ton, increasing by 12% against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 68% against the previous year. As a result, the export price attained the peak level of $17,231 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Faroe Islands ($9,119 per ton), while the average price for exports to Ukraine ($6,046 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 Poland (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark
In 2022, the amount of wadding; other articles thereof, of man-made fibreses imported into Denmark skyrocketed to 579 tons, increasing by 254% compared with the previous year. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of man-made fibreses skyrocketed to $4.6M in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 76.2 | 93.2 | 89.4 | 3,665 | 263.7% |
| Germany | 682 | 703 | 785 | 732 | 2.4% |
| Italy | 3.6 | 15.7 | 20.9 | 109 | 211.7% |
| United States | 46.9 | 105 | 321 | 8.6 | -43.2% |
| Others | 125 | 133 | 153 | 110 | -4.2% |
| Total | 934 | 1,050 | 1,370 | 4,625 | 70.4% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Denmark in 2022:
- Sweden (458.0 tons)
- Germany (85.0 tons)
- Italy (24.6 tons)
- United States (0.7 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark
After three years of growth, shipments abroad of wadding; other articles thereof, of man-made fibreses decreased by -55.7% to 31 tons in 2022. In general, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. As a result, the exports attained the peak of 69 tons, and then fell sharply in the following year.
In value terms, exports of wadding; other articles thereof, of man-made fibreses shrank notably to $212K in 2022. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 264 | 132 | 235 | 77.0 | -33.7% |
| Norway | 65.7 | 64.5 | 65.1 | 52.1 | -7.4% |
| Germany | 38.7 | 45.4 | 31.2 | 27.0 | -11.3% |
| Sweden | 48.9 | 43.8 | 36.0 | 26.4 | -18.6% |
| Faroe Islands | 4.9 | 5.5 | 5.8 | 6.1 | 7.6% |
| Netherlands | 1.2 | 4.0 | 4.3 | 3.7 | 45.5% |
| Others | 82.6 | 44.8 | 49.7 | 19.3 | -38.4% |
| Total | 506 | 340 | 427 | 212 | -25.2% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Denmark in 2022:
- Ukraine (12.7 tons)
- Norway (7.0 tons)
- Sweden (4.2 tons)
- Germany (3.9 tons)
- Faroe Islands (0.7 tons)
- Netherlands (0.5 tons)
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