Denmark: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in Denmark

In 2021, the Danish flax, tow and waste market decreased by -X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, continues to indicate a tangible expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Flax, Tow And Waste in Denmark

In value terms, flax, tow and waste production reduced remarkably to $X in 2021 estimated in export price. Overall, production, however, showed buoyant growth. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020, and then declined sharply in the following year.

In 2021, the average flax, tow and waste yield in Denmark totaled less than X kg per ha, standing approx. at the year before. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The flax, tow and waste harvested area in Denmark amounted to less than X ha in 2021, remaining stable against 2020 figures. Over the period under review, the harvested area saw a relatively flat trend pattern.

Exports of Flax, Tow And Waste

Exports from Denmark

In 2021, exports of flax, tow and waste from Denmark dropped notably to X kg, waning by -X% compared with the previous year's figure. In general, exports saw a sharp contraction. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, flax, tow and waste exports fell significantly to $X in 2021. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for flax, tow and waste exports from Denmark, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

In 2021, the average flax, tow and waste export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price saw strong growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to X% per year.

Imports of Flax, Tow And Waste

Imports into Denmark

In 2021, purchases abroad of flax, tow and waste decreased by X% to X kg, falling for the second year in a row after four years of growth. In general, imports recorded a precipitous decline. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, flax, tow and waste imports stood at $X in 2021. Over the period under review, imports faced a dramatic downturn. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X kg) was the main supplier of flax, tow and waste to Denmark, with a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the UK was relatively modest.

In value terms, the UK ($X) constituted the largest supplier of flax, tow and waste to Denmark.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK was relatively modest.

Import Prices by Country

The average flax, tow and waste import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to X% per year.

Source: IndexBox Platform

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