Denmark: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Denmark

The Danish textile industry finishing agents market shrank sharply to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Finishing Agents Used In The Textile Industry in Denmark

In value terms, textile industry finishing agents production shrank significantly to $X in 2022 estimated in export price. Overall, production showed a deep contraction. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Finishing Agents Used In The Textile Industry

Exports from Denmark

In 2022, overseas shipments of finishing agents used in the textile industry decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, textile industry finishing agents exports dropped to $X in 2022. Overall, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Sweden (X tons) was the main destination for textile industry finishing agents exports from Denmark, accounting for a X% share of total exports. Moreover, textile industry finishing agents exports to Sweden exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Norway (X tons), with a X% share.

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

In value terms, the largest markets for textile industry finishing agents exported from Denmark were Norway ($X), Sweden ($X) and Romania ($X), together comprising X% of total exports. Germany, Finland, the Netherlands and Poland lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average textile industry finishing agents export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Poland ($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 Finland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Finishing Agents Used In The Textile Industry

Imports into Denmark

In 2022, approx. X tons of finishing agents used in the textile industry were imported into Denmark; dropping by X% on 2021 figures. Over the period under review, imports recorded a perceptible curtailment. The growth pace was the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, textile industry finishing agents imports reduced notably to $X in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2021, and then dropped markedly in the following year.

Imports by Country

Italy (X tons), the UK (X tons) and Sweden (X tons) were the main suppliers of textile industry finishing agents imports to Denmark, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

In terms of the main suppliers, Sweden, with a CAGR of X%, 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 2022, the average textile industry finishing agents import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price 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, textile industry finishing agents import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2022 and is expected to retain 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 the Netherlands ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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