Denmark: Patent Leather Market 2024

Patent Leather Market Size in Denmark

The Danish patent leather market dropped to $X in 2022, reducing by X% against the previous year. In general, consumption continues to indicate a deep setback. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Patent Leather Production in Denmark

In value terms, patent leather production dropped notably to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Patent Leather Exports

Exports from Denmark

In 2022, after two years of decline, there was significant decline in overseas shipments of patent leather, patent laminated leather and metallised leather, when their volume decreased by X% to X square meters. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, patent leather exports contracted markedly to $X in 2022. Over the period under review, exports, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Norway (X square meters) was the main destination for patent leather exports from Denmark, with a X% share of total exports. Moreover, patent leather exports to Norway exceeded the volume sent to the second major destination, Portugal (X square meters), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Norway amounted to X%.

In value terms, Norway ($X) emerged as the key foreign market for patent leather, patent laminated leather and metallised leather exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Portugal ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Norway stood at X%.

Export Prices by Country

In 2022, the average patent leather export price amounted to $X per square meter, approximately reflecting the previous year. Over the period under review, the export price saw significant growth. The growth pace was the most rapid in 2019 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Norway ($X per square meter), while the average price for exports to Portugal amounted to $X per square meter.

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

Patent Leather Imports

Imports into Denmark

In 2022, the amount of patent leather, patent laminated leather and metallised leather imported into Denmark contracted sharply to X square meters, waning by X% against the previous year. Over the period under review, imports showed a sharp decline. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, patent leather imports surged to $X in 2022. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X square meters) was the main patent leather supplier to Denmark, accounting for a X% share of total imports. Moreover, patent leather imports from Italy exceeded the figures recorded by the second-largest supplier, the UK (X square meters), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Japan (X% per year).

In value terms, Italy ($X), Japan ($X) and the UK ($X) constituted the largest patent leather suppliers to Denmark.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average patent leather import price stood at $X per square meter in 2022, surging by X% against the previous year. In general, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per square meter), while the price for the UK ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%).

Source: IndexBox Platform

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