Denmark: Wadding Of Textile Market Overview 2021

Wadding Of Textile Market Size in Denmark

In 2020, the Danish wadding of textile market increased by X% to $X for the first time since 2017, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a deep downturn. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Wadding Of Textile Production in Denmark

In value terms, wadding of textile production dropped to $X in 2020 estimated in export prices. Overall, production, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Wadding Of Textile Exports

Exports from Denmark

In 2020, shipments abroad of wadding of textile materials and articles thereof increased by X% to X tonnes, rising for the third year in a row after eight years of decline. Over the period under review, exports recorded moderate growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2009; afterwards, it flattened through to 2020.

In value terms, wadding of textile exports skyrocketed to $X in 2020. In general, exports posted a measured expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Turkey (X tonnes) was the main destination for wadding of textile exports from Denmark, with a X% share of total exports. Moreover, wadding of textile exports to Turkey exceeded the volume sent to the second major destination, the UK (X tonnes), twofold. The third position in this ranking was occupied by Norway (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Turkey amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Norway (-X% per year).

In value terms, the largest markets for wadding of textile exported from Denmark were the UK ($X), Turkey ($X) and Norway ($X), together accounting for X% of total exports.

Among the main countries of destination, Turkey (+X% per year) recorded the highest growth rate of 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

The average wadding of textile export price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to Turkey ($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 a decline.

Wadding Of Textile Imports

Imports into Denmark

Wadding of textile imports into Denmark skyrocketed to X tonnes in 2020, jumping by X% on 2019 figures. In general, imports, however, showed a noticeable curtailment. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2010; however, from 2011 to 2020, imports remained at a lower figure.

In value terms, wadding of textile imports soared to $X in 2020. Over the period under review, imports, however, recorded a perceptible decline. Over the period under review, imports reached the peak figure at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

The Netherlands (X tonnes), the UK (X tonnes) and Sweden (X tonnes) were the main suppliers of wadding of textile imports to Denmark, together accounting for X% of total imports.

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

In value terms, the largest wadding of textile suppliers to Denmark were the UK ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main suppliers, the UK saw the highest growth rate of the value of imports, 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 wadding of textile import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wadding of textile materials and articles thereof in the world?

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China (518K tonnes) constituted the country with the largest volume of wadding of textile consumption, comprising approx. 19% of total volume. Moreover, wadding of textile consumption in China exceeded the figures recorded by the second-largest consumer, India (189K tonnes), threefold. The third position in this ranking was occupied by the U.S. (176K tonnes), with a 6.6% share.

What are the largest producers of wadding of textile materials and articles thereof in the world?

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China (571K tonnes) constituted the country with the largest volume of wadding of textile production, accounting for 21% of total volume. Moreover, wadding of textile production in China exceeded the figures recorded by the second-largest producer, India (201K tonnes), threefold. The third position in this ranking was occupied by the U.S. (170K tonnes), with a 6.4% share.

What are the leading suppliers of wadding of textile materials and articles thereof to Denmark?

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In value terms, the largest wadding of textile suppliers to Denmark were the UK ($2.3M), the Netherlands ($2M) and Germany ($1.4M), with a combined 58% share of total imports.

What are the leading importers of wadding of textile materials and articles thereof from Denmark?

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In value terms, the largest markets for wadding of textile exported from Denmark were the UK ($2.8M), Turkey ($1.5M) and Norway ($692K), with a combined 75% share of total exports.

What is the average export price for wadding of textile materials and articles thereof in Denmark?

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The average wadding of textile export price stood at $6,188 per tonne in 2020, increasing by 17% against the previous year.

What is the average import price for wadding of textile materials and articles thereof in Denmark?

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In 2020, the average wadding of textile import price amounted to $6,522 per tonne, surging by 1.7% against the previous year.