Report Update: May 1, 2024

Denmark - Blankets And Travelling Rugs Of Wool - Market Analysis, Forecast, Size, Trends And Insights

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Travelling Wool Rug Price in Denmark - 2023

Travelling Wool Rug Price in Denmark (CIF) - 2023

The average travelling wool rug import price stood at $29.8 per unit in June 2023, picking up by 3.9% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 39% m-o-m. As a result, import price reached the peak level of $34.3 per unit. From February 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($49.9 per unit), while the price for India ($14.8 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Travelling Wool Rug Price in Denmark (FOB) - 2022

In 2022, the average travelling wool rug export price amounted to $43 per unit, declining by -3% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +14.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, travelling wool rug export price increased by +43.5% against 2015 indices. The growth pace was the most rapid in 2013 an increase of 223% against the previous year. Over the period under review, the average export prices reached the peak figure at $44 per unit in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($56 per unit), while the average price for exports to Faroe Islands ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Travelling Wool Rug Imports in Denmark

Travelling wool rug imports into Denmark skyrocketed to 237K units in 2022, jumping by 39% against the previous year. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, travelling wool rug imports surged to $6.7M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Travelling Wool Rug in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Lithuania	1,234	1,572	79.7	2,048	18.4%
Peru	318	496	1,615	855	39.1%
Sweden	609	450	346	743	6.9%
Portugal	44.3	53.6	698	561	133.1%
India	191	90.2	390	553	42.5%
Italy	19.9	326	223	386	168.7%
Germany	166	161	377	205	7.3%
Latvia	0.2	4.7	N/A	191	884.8%
Spain	1.5	0.6	2.5	135	348.1%
Netherlands	241	51.8	170	120	-20.7%
Bolivia	242	44.9	107	117	-21.5%
Turkey	1.7	1.4	31.6	62.4	232.3%
Ukraine	32.3	9.0	187	60.9	23.5%
Others	292	271	338	712	34.6%
Total	3,393	3,532	4,565	6,748	25.8%

Top Suppliers of Travelling Wool Rug to Denmark in 2022:

Lithuania (73.4K units)
Sweden (33.1K units)
India (32.8K units)
Portugal (22.0K units)
Peru (19.9K units)
Italy (10.5K units)
Germany (10.1K units)
Latvia (7.6K units)
Ukraine (7.1K units)
Turkey (5.5K units)
Spain (5.4K units)
Bolivia (5.2K units)
Netherlands (3.0K units)

Travelling Wool Rug Exports in Denmark

In 2022, after three years of growth, there was significant decline in overseas shipments of blankets and travelling rugs of wool, when their volume decreased by -32% to 66K units. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 97K units, and then shrank sharply in the following year.

In value terms, travelling wool rug exports reduced dramatically to $2.8M in 2022. Over the period under review, exports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $4.3M, and then fell rapidly in the following year.

Export of Travelling Wool Rug in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,264	1,176	656	612	-21.5%
Norway	391	408	729	534	10.9%
United States	194	212	347	261	10.4%
Sweden	244	400	574	169	-11.5%
Switzerland	51.8	76.2	304	163	46.5%
United Kingdom	173	168	425	136	-7.7%
France	147	248	221	92.1	-14.4%
Canada	8.6	18.4	26.5	82.8	112.7%
Netherlands	171	237	228	79.2	-22.6%
Japan	130	50.1	77.2	53.3	-25.7%
Iceland	51.1	28.3	37.7	40.3	-7.6%
Faroe Islands	1.8	49.8	45.0	36.5	172.7%
Ireland	28.7	21.5	19.8	34.8	6.6%
Others	420	472	586	525	7.7%
Total	3,276	3,565	4,276	2,819	-4.9%

Top Export Markets for Travelling Wool Rug from Denmark in 2022:

Norway (15.7K units)
Germany (11.0K units)
Sweden (6.7K units)
United States (4.8K units)
United Kingdom (3.8K units)
Switzerland (3.3K units)
Faroe Islands (1.9K units)
France (1.9K units)
Japan (1.9K units)
Netherlands (1.7K units)
Canada (1.5K units)
Iceland (1.3K units)
Ireland (1.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the travelling wool rug market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13921130 - Blankets and travelling rugs of wool or fine animal hair (excluding electric blankets)

Country coverage:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023