Denmark: Raw Silk Market Overview 2020

Raw Silk Market Size in Denmark

The revenue of the raw silk market in Denmark amounted to $X in 2017, increasing by X% against the previous year. Overall, raw silk consumption continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2017, with an increase of X% against the previous year. The raw silk consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Raw Silk Production in Denmark

In 2017, production of raw silk in Denmark stood at X kg, dropping by -X% against the previous year. In general, raw silk production continues to indicate a slight expansion. The growth pace was the most rapid in 2015, with an increase of X% y-o-y. In that year, the raw silk production attained their peak volume of X kg. From 2016 to 2017, growth of the raw silk production stood at a somewhat lower level.

Raw Silk Exports from Denmark

In 2017, the amount of raw silk exported from Denmark amounted to X kg, coming down by -X% against the previous year. Overall, raw silk exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2013, when exports increased by X% year-to-year. The exports peaked of X kg in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, raw silk exports amounted to $X in 2017. Overall, raw silk exports continue to indicate a prominent increase. Over the period under review, the raw silk exports attained its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Raw Silk Exports by Country from Denmark

Greenland (X kg) was the main destination of raw silk exports from Denmark, with a X% share of total exports. Moreover, raw silk exports to Greenland exceeded the volume sent to the second major destination, South Africa (X kg), fivefold. Italy (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to Greenland totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+X% per year) and Italy (+X% per year).

In value terms, largest markets for raw silk exported from Denmark were Greenland ($X), South Africa ($X) and Italy ($X).

In terms of the main countries of destination, South Africa (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced mixed trend patterns.

Raw Silk Export Prices by Country in Denmark

In 2017, the average raw silk export price amounted to $X per tonne, rising by X% against the previous year. Overall, raw silk export price continues to indicate a drastic descent. The pace of growth appeared the most rapid in 2010, when the average export prices increased by X% year-to-year. The export price peaked of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was South Africa ($X per kg), while average price for exports to Faroe Islands ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Italy (+X% per year), the export prices for other major destinations experienced mixed trend patterns.

Raw Silk Imports into Denmark

In 2017, the amount of raw silk imported into Denmark stood at X kg, jumping by X% against the previous year. In general, raw silk imports continue to indicate an abrupt setback. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. Over the period under review, the raw silk imports attained its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, raw silk imports totaled $X in 2017. Overall, raw silk imports continue to indicate an abrupt decrease. Over the period under review, the raw silk imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Raw Silk Imports by Country into Denmark

Turkey (X kg), China (X kg) and China, Hong Kong SAR (X kg) were the main suppliers of raw silk imports to Denmark, with a combined X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest raw silk suppliers to Denmark were Turkey ($X), China ($X) and China, Hong Kong SAR ($X).

Nepal (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main suppliersover the last decade, while the other leaders experienced more modest paces of growth.

Raw Silk Import Prices by Country in Denmark

The average raw silk import price stood at $X per kg in 2017, approximately mirroring the previous year. In general, the import price indicated a strong expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the raw silk import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. The import price peaked of $X per kg in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Nepal ($X per kg), while prices for raw silk imports from India ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Nepal (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform