Denmark: Plaits And Basketwork Market Overview 2021

Plaits And Basketwork Market Size in Denmark

The Danish plaits and basketwork market dropped dramatically to $X in 2020, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a mild curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.

Plaits And Basketwork Exports

Exports from Denmark

Plaits and basketwork exports from Denmark surged to X tonnes in 2020, jumping by X% compared with the year before. Overall, exports posted a tangible increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plaits and basketwork exports surged to $X in 2020. Over the period under review, exports enjoyed a strong expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Faroe Islands (X tonnes), Norway (X tonnes) and the Netherlands (X tonnes) were the main destinations of plaits and basketwork exports from Denmark, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Faroe Islands, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Norway ($X) and France ($X) were the largest markets for plaits and basketwork exported from Denmark worldwide, with a combined X% share of total exports. These countries were followed by Faroe Islands, the Netherlands, Sweden, the UK, Poland, Switzerland, Belgium, Ireland and Iceland, which together accounted for a further X terms of the main countries of destination, the Netherlands saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average plaits and basketwork export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, export price indicated a notable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, plaits and basketwork export price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Faroe Islands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports into Denmark

In 2020, purchases abroad of plaits, basketwork, wickerwork and similar products of plaiting materials increased by X% to X tonnes, rising for the fourth year in a row after three years of decline. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, plaits and basketwork imports surged to $X in 2020. Overall, total imports indicated a slight increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2020 and are likely to continue growth in the immediate term.

Imports by Country

China (X tonnes), Viet Nam (X tonnes) and Poland (X tonnes) were the main suppliers of plaits and basketwork imports to Denmark, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Viet Nam ($X) and Indonesia ($X) constituted the largest plaits and basketwork suppliers to Denmark, with a combined X% share of total imports. These countries were followed by Sweden, Poland, the Netherlands and Bangladesh, which together accounted for a further 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 2020, the average plaits and basketwork import price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Sweden ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plaits, basketwork, wickerwork and similar products of plaiting materials in the world?

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The countries with the highest volumes of plaits and basketwork consumption in 2020 were China (277K tonnes), the U.S. (147K tonnes) and India (110K tonnes), together comprising 28% of global consumption. These countries were followed by Poland, Japan, Russia, Brazil, Indonesia, Pakistan, Mexico, Bangladesh, Germany and Nigeria, which together accounted for a further 26%.

What are the largest producers of plaits, basketwork, wickerwork and similar products of plaiting materials in the world?

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China (591K tonnes) remains the largest plaits and basketwork producing country worldwide, accounting for 31% of total volume. Moreover, plaits and basketwork production in China exceeded the figures recorded by the second-largest producer, India (123K tonnes), fivefold. Poland (96K tonnes) ranked third in terms of total production with a 5% share.

What are the leading suppliers of plaits, basketwork, wickerwork and similar products of plaiting materials to Denmark?

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In value terms, the largest plaits and basketwork suppliers to Denmark were China ($8M), Viet Nam ($5.7M) and Indonesia ($3.2M), with a combined 66% share of total imports. These countries were followed by Sweden, Poland, the Netherlands and Bangladesh, which together accounted for a further 22%.

What are the leading importers of plaits, basketwork, wickerwork and similar products of plaiting materials from Denmark?

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In value terms, the largest markets for plaits and basketwork exported from Denmark were Germany ($4.4M), Norway ($3M) and France ($1.8M), with a combined 46% share of total exports. These countries were followed by Faroe Islands, the Netherlands, Sweden, the UK, Poland, Switzerland, Belgium, Ireland and Iceland, which together accounted for a further 42%.

What is the average export price for plaits, basketwork, wickerwork and similar products of plaiting materials in Denmark?

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In 2020, the average plaits and basketwork export price amounted to $8,026 per tonne, rising by 32% against the previous year.

What is the average import price for plaits, basketwork, wickerwork and similar products of plaiting materials in Denmark?

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The average plaits and basketwork import price stood at $5,189 per tonne in 2020, picking up by 3.4% against the previous year.