Denmark: Man-Made Filament Yarn Market 2024

Man-Made Filament Yarn Market Size in Denmark

The Danish man-made filament yarn market rose markedly to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Man-made filament yarn consumption peaked in 2022 and is likely to continue growth in years to come.

Man-Made Filament Yarn Production in Denmark

In value terms, man-made filament yarn production fell to $X in 2022 estimated in export price. Over the period under review, production saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Man-made filament yarn production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Man-Made Filament Yarn Exports

Exports from Denmark

In 2022, the amount of man-made filament yarn exported from Denmark dropped markedly to X tons, shrinking by X% compared with the previous year's figure. Over the period under review, exports showed a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, man-made filament yarn exports declined significantly to $X in 2022. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for man-made filament yarn exports from Denmark, accounting for a X% share of total exports. Moreover, man-made filament yarn exports to Norway exceeded the volume sent to the second major destination, Italy (X tons), ninefold. Iceland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Iceland (X% per year).

In value terms, Norway ($X) emerged as the key foreign market for man-made filament yarn exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by Iceland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Iceland (X% per year).

Export Prices by Country

The average man-made filament yarn export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Man-Made Filament Yarn Imports

Imports into Denmark

In 2022, the amount of man-made filament yarn imported into Denmark declined modestly to X tons, with a decrease of X% against the year before. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, man-made filament yarn imports expanded significantly to $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Italy (X tons) was the main supplier of man-made filament yarn to Denmark, accounting for a X% share of total imports. It was followed by Turkey (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the Netherlands (X% per year).

In value terms, Italy ($X) constituted the largest supplier of man-made filament yarn to Denmark, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average man-made filament yarn import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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