Denmark: Market for Cotton (Carded Or Combed) 2024

Market Size for Cotton (Carded Or Combed) in Denmark

In 2022, the Danish cotton (carded or combed) market decreased by X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Cotton (carded or combed) consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Exports of Cotton (Carded Or Combed)

Exports from Denmark

In 2022, cotton (carded or combed) exports from Denmark skyrocketed to X tons, jumping by X% against 2021. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, cotton (carded or combed) exports surged to $X in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Sweden (X tons) was the main destination for cotton (carded or combed) exports from Denmark, with a X% share of total exports. Moreover, cotton (carded or combed) exports to Sweden exceeded the volume sent to the second major destination, Ireland (X tons), fourfold. Norway (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (X% per year) and Norway (X% per year).

In value terms, Norway ($X), Ireland ($X) and Sweden ($X) were the largest markets for cotton (carded or combed) exported from Denmark worldwide, with a combined X% share of total exports.

Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cotton (carded or combed) export price amounted to $X per ton, which is down by X% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton (carded or combed) export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Sweden ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton (Carded Or Combed)

Imports into Denmark

Cotton (carded or combed) imports into Denmark surged to X tons in 2022, jumping by X% on 2021. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, cotton (carded or combed) imports soared to $X in 2022. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Australia (X tons) were the main suppliers of cotton (carded or combed) imports to Denmark, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Netherlands ($X) and Australia ($X) were the largest cotton (carded or combed) suppliers to Denmark, with a combined X% share of total imports.

Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cotton (carded or combed) import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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