Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark - 2023

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark (FOB) - 2022
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark (CIF) - 2023
  3. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark
  4. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark (FOB) - 2022

In 2022, the average export price for woven fabrics of combed wool or of combed fine animal hair amounted to $18 per square meter, dropping by -7.7% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 58%. Over the period under review, the average export prices attained the maximum at $20 per square meter in 2021, and then declined in the following year.

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 ($22 per square meter), while the average price for exports to Sweden ($14 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark (CIF) - 2023

In December 2023, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $16.4 per square meter, approximately mirroring the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in January 2023 an increase of 15% against the previous month. Over the period under review, average import prices hit record highs at $16.6 per square meter in November 2023, and then dropped modestly in the following month.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Norway ($17.2 per square meter), while the price for the UK stood at $15.4 per square meter.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Portugal (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark

For the third year in a row, Denmark recorded decline in overseas shipments of woven fabrics of combed wool or of combed fine animal hair, which decreased by -6% to 1.9M square meters in 2022. Overall, exports continue to indicate a significant decline. Over the period under review, the exports of attained the peak figure at 5.8M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair reduced to $34M in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 1.3% against the previous year. The exports peaked at $51M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland6.24.46.85.8-2.2%
Germany5.05.44.73.7-9.5%
Lithuania4.22.63.22.7-13.7%
Italy3.72.22.72.5-12.3%
United Kingdom10.17.12.52.5-37.2%
United States0.62.93.32.151.8%
China2.30.21.21.9-6.2%
Netherlands2.41.82.31.7-10.9%
Sweden2.31.62.01.6-11.4%
Qatar0.40.10.31.140.1%
Spain1.51.01.41.0-12.6%
Slovakia2.82.01.10.8-34.1%
Hungary0.70.50.50.6-5.0%
Others8.67.67.56.4-9.4%
Total50.839.239.734.5-12.1%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Denmark in 2022:

  1. Poland (334.7K square meters)
  2. Germany (219.9K square meters)
  3. Lithuania (159.1K square meters)
  4. Italy (138.3K square meters)
  5. United Kingdom (124.5K square meters)
  6. Sweden (116.3K square meters)
  7. China (105.2K square meters)
  8. Netherlands (97.9K square meters)
  9. United States (93.2K square meters)
  10. Qatar (74.7K square meters)
  11. Spain (58.9K square meters)
  12. Slovakia (53.3K square meters)
  13. Hungary (34.8K square meters)

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark

In 2022, imports of woven fabrics of combed wool or of combed fine animal hair into Denmark contracted to 2.5M square meters, dropping by -10% compared with the year before. Overall, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 98%. Over the period under review, imports of hit record highs at 5M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair dropped to $28M in 2022. In general, imports saw a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 92%. As a result, imports reached the peak of $31M, and then contracted in the following year.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom23.87.425.421.7-3.0%
Norway3.53.44.03.60.9%
Lithuania0.40.40.50.826.0%
Portugal2.00.40.30.7-29.5%
Germany0.14.10.10.226.0%
Others0.70.71.21.426.0%
Total30.616.431.428.4-2.5%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Denmark in 2022:

  1. United Kingdom (2083.9K square meters)
  2. Norway (220.8K square meters)
  3. Portugal (56.3K square meters)
  4. Lithuania (41.0K square meters)
  5. Germany (10.9K square meters)

Source: IndexBox Market Intelligence Platform

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