Denmark - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights

Denmark: T-Shirt Market Overview 2019

T-Shirt Market Size in Denmark

The revenue of the t-shirt market in Denmark amounted to $X in 2017, increasing by X% against the previous year. Overall, t-shirt consumption continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. The t-shirt consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

T-Shirt Production in Denmark

In 2017, the amount of t-shirts produced in Denmark stood at X tonnes, remaining relatively unchanged against the previous year. In general, t-shirt production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when the output figure increased by X% y-o-y. In that year, the t-shirt production attained their peak volume of X tonnes. From 2013 to 2017, growth of the t-shirt production failed to regain its momentum.

T-Shirt Exports from Denmark

T-shirt exports from Denmark stood at X tonnes in 2017, approximately equating the previous year. Overall, the total exports indicated a temperate expansion from 2007 to 2017: its volume 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 t-shirt exports increased by +X% against 2012 indices. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the t-shirt exports reached its peak figure volume of X tonnes in 2016, leveling off in the following year.

In value terms, t-shirt exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. In that year, the t-shirt exports attained their peak level of $X. From 2012 to 2017, growth of the t-shirt exports stood at a somewhat lower level.

T-Shirt Exports by Country from Denmark

Germany (X tonnes) was the main destination of t-shirt exports from Denmark, accounting for X% share of total exports. Moreover, t-shirt exports to Germany exceeded the volume sent to the second major destination, Sweden (X tonnes), threefold. The Netherlands (X tonnes) 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 Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) remains the key foreign market for t-shirt exports from Denmark, making up X% of total t-shirt exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-X% per year) and the Netherlands (+X% per year).

T-Shirt Export Prices by Country in Denmark

The average t-shirt export price stood at $X per tonne in 2017, jumping by X% against the previous year. In general, t-shirt export price continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2012, when the average export prices increased by X% y-o-y. Over the period under review, the average export prices for t-shirts reached its peak figure level of $X per tonne in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Average export prices varied somewhat for the major foreign markets. In 2017, the highest prices were recorded for export prices to the UK ($X per tonne) and Italy ($X per tonne), while average price for exports to France ($X per tonne) and Spain ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Austria (-X% per year), the export prices for other major destinations experienced a decline.

T-Shirt Imports into Denmark

In 2017, the amount of t-shirts imported into Denmark stood at X tonnes, surging by X% against the previous year. Overall, t-shirt imports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the t-shirt imports reached its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, t-shirt imports stood at $X in 2017. In general, t-shirt imports continue to indicate a relatively flat trend pattern. The imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

T-Shirt Imports by Country into Denmark

In 2017, Bangladesh (X tonnes) constituted the largest supplier of t-shirt to Denmark, with a X% share of total imports. Moreover, t-shirt imports from Bangladesh exceeded the figures recorded by the second largest supplier, Turkey (X tonnes), fivefold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Bangladesh stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and China (-X% per year).

In value terms, Bangladesh ($X) constituted the largest supplier of t-shirt to Denmark, making up X% of total t-shirt imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from Bangladesh totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and China (-X% per year).

T-Shirt Import Prices by Country in Denmark

The average t-shirt import price stood at $X per tonne in 2017, approximately mirroring the previous year. In general, t-shirt import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when the average import prices increased by X% y-o-y. Over the period under review, the average import prices for t-shirts reached its maximum level of $X per tonne in 2016, leveling off in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while prices for t-shirt imports from Ukraine ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform