Denmark: Gloves Market 2024

Gloves Market Size in Denmark

The Danish gloves market totaled $X in 2022, rising by X% against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Gloves Production in Denmark

In value terms, gloves production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, faced a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Gloves Exports

Exports from Denmark

In 2022, gloves exports from Denmark skyrocketed to X pairs, with an increase of X% against the previous year. Over the period under review, exports, however, saw a mild shrinkage. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X pairs in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, gloves exports soared to $X in 2022. Overall, exports, however, continue to indicate a mild downturn. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X pairs) was the main destination for gloves exports from Denmark, accounting for a X% share of total exports. Moreover, gloves exports to Germany exceeded the volume sent to the second major destination, Poland (X pairs), sevenfold. Slovakia (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Slovakia (X% per year).

In value terms, Germany ($X) remains the key foreign market for gloves, mittens and mitts exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with an X% share of total exports. It was followed by Poland, with a X% share.

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

Export Prices by Country

The average gloves export price stood at $X per pair in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per pair. From 2019 to 2022, the average export prices remained at a lower figure.

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 the UK ($X per pair), while the average price for exports to Slovakia ($X per pair) was amongst the lowest.

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

Gloves Imports

Imports into Denmark

Gloves imports into Denmark surged to X pairs in 2022, with an increase of X% on the previous year. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, gloves imports rose modestly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Pakistan (X pairs) constituted the largest supplier of gloves to Denmark, accounting for a X% share of total imports. Moreover, gloves imports from Pakistan exceeded the figures recorded by the second-largest supplier, China (X pairs), twofold. India (X pairs) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Pakistan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

In value terms, the largest gloves suppliers to Denmark were Pakistan ($X), Sweden ($X) and China ($X), with a combined X% share of total imports. India, Germany, Bangladesh, Luxembourg and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, saw 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 gloves import price amounted to $X per pair, reducing by X% against the previous year. Overall, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per pair. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per pair), while the price for Luxembourg ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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