Denmark: Overview of the Market for Woven Pile Fabrics And Chenille Fabrics 2019

Market Size for Woven Pile Fabrics And Chenille Fabrics in Denmark

The revenue of the pile and chenille fabric market in Denmark amounted to $X in 2018, lowering by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the pile and chenille fabric market reached its peak figure level at $X in 2017, and then declined slightly in the following year.

Production of Woven Pile Fabrics And Chenille Fabrics in Denmark

In value terms, pile and chenille fabric production totaled $X in 2018 estimated in export prices. In general, the total output indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pile and chenille fabric production increased by +X% against 2007 indices. The growth pace was the most rapid in 2012 when production volume increased by X% y-o-y. Over the period under review, pile and chenille fabric production reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Denmark

In 2018, the amount of woven pile fabrics and chenille fabrics exported from Denmark totaled X tonnes, growing by X% against the previous year. Overall, pile and chenille fabric exports, however, continue to indicate a drastic drop. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, pile and chenille fabric exports reached their maximum at X tonnes in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

In value terms, pile and chenille fabric exports amounted to $X in 2018. In general, pile and chenille fabric exports, however, continue to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. Denmark exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

China dominates pile and chenille fabric exports structure, recording X tonnes, which was near X% of total exports in 2018. Turkey (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Germany (X%). Belgium (X tonnes), Spain (X tonnes), the UK (X tonnes), South Korea (X tonnes), Portugal (X tonnes) and Italy (X tonnes) occupied a little share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the UK (+X%), Germany (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea experienced a relatively flat trend pattern. By contrast, Belgium (-X%), Turkey (-X%), Italy (-X%) and Portugal (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the global exports, while Italy, Portugal, Belgium and Turkey saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pile and chenille fabric supplier from Denmark, comprising X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (-X% per year) and South Korea (+X% per year).

Export Prices by Country

The pile and chenille fabric export price in Denmark stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the export price indicated significant growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pile and chenille fabric export price increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 when the export price increased by X% y-o-y. Denmark export price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per tonne), while Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Denmark

In 2018, approx. X tonnes of woven pile fabrics and chenille fabrics were imported into Denmark; declining by -X% against the previous year. Overall, pile and chenille fabric imports continue to indicate a drastic descent. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Denmark imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, pile and chenille fabric imports amounted to $X in 2018. In general, pile and chenille fabric imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, pile and chenille fabric imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the United Arab Emirates (X tonnes), the U.S. (X tonnes), the UK (X tonnes), Iran (X tonnes), Poland (X tonnes), Russia (X tonnes), the Czech Republic (X tonnes), Bangladesh (X tonnes), Saudi Arabia (X tonnes), Germany (X tonnes), China, Hong Kong SAR (X tonnes) and Morocco (X tonnes) represented the key importers of woven pile fabrics and chenille fabrics in the world, constituting X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran, while the other leaders experienced more modest paces of growth.

In value terms, the largest pile and chenille fabric importing markets into Denmark were the United Arab Emirates ($X), the UK ($X) and the U.S. ($X), with a combined X% share of total imports. Poland, the Czech Republic, Germany, Bangladesh, Iran, Saudi Arabia, Russia, China, Hong Kong SAR, Morocco and Denmark lagged somewhat behind, together comprising a further X the main importing countries, the Czech Republic recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The pile and chenille fabric import price in Denmark stood at $X per tonne in 2018, increasing by X% against the previous year. Overall, the import price indicated strong growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pile and chenille fabric import price increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, the import prices for woven pile fabrics and chenille fabrics attained their maximum in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per tonne), while Iran ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform