Denmark: Cotton Sewing Thread Market 2025

Cotton Sewing Thread Market Size in Denmark

After two years of decline, the Danish cotton sewing thread market increased by 36% to $X in 2021. Overall, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Cotton sewing thread consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Cotton Sewing Thread Production in Denmark

In value terms, cotton sewing thread production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible shrinkage. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Cotton Sewing Thread Exports

Exports from Denmark

In 2021, after two years of growth, there was significant decline in shipments abroad of cotton sewing thread, when their volume decreased by -68.5% to X tons. Over the period under review, exports recorded a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year. As a result, the exports reached the peak of X tons, and then dropped remarkably in the following year.

In value terms, cotton sewing thread exports declined rapidly to $X in 2021. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 102% against the previous year. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

Sweden (X tons), Norway (X tons) and Faroe Islands (X kg) were the main destinations of cotton sewing thread exports from Denmark, together comprising 64% of total exports. Ukraine, Iceland, Germany, Austria and Greenland lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +78.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) emerged as the key foreign market for cotton sewing thread exports from Denmark, comprising 38% of total exports. The second position in the ranking was taken by Sweden ($X), with an 18% share of total exports. It was followed by Faroe Islands, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Norway stood at +12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+12.2% per year) and Faroe Islands (-1.2% per year).

Export Prices by Country

The average cotton sewing thread export price stood at $X per ton in 2021, shrinking by -5.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 25%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Iceland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Sewing Thread Imports

Imports into Denmark

After two years of growth, overseas purchases of cotton sewing thread decreased by -2.1% to X tons in 2021. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 703%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, cotton sewing thread imports contracted to $X in 2021. Overall, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 249% against the previous year. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

In 2021, India (X tons) was the main cotton sewing thread supplier to Denmark, accounting for a 95% share of total imports. It was followed by Sweden (X tons), with a 1.1% share of total imports. The third position in this ranking was held by China (X tons), with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to +91.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+4.3% per year) and China (-13.2% per year).

In value terms, India ($X) constituted the largest supplier of cotton sewing thread to Denmark, comprising 78% of total imports. The second position in the ranking was taken by Sweden ($X), with an 11% share of total imports. It was followed by Germany, with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +79.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+16.4% per year) and Germany (-21.0% per year).

Import Prices by Country

The average cotton sewing thread import price stood at $X per ton in 2021, approximately equating the previous year. Overall, the import price, however, faced a abrupt descent. The growth pace was the most rapid in 2014 an increase of 30% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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