Denmark: Plastic Headgear Market 2024

Plastic Headgear Exports

Exports from Denmark

In 2022, shipments abroad of headgear of rubber or plastic decreased by -23.2% to X units, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a temperate increase. The pace of growth was the most pronounced in 2020 when exports increased by 623%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, plastic headgear exports dropped rapidly to $X in 2022. Over the period under review, exports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 657%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Haiti (X units), Rwanda (X units) and Sweden (X units) were the main destinations of plastic headgear exports from Denmark, together comprising 51% of total exports. These countries were followed by Germany, the UK, Norway, Poland, Spain and France, which together accounted for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +94.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic headgear exported from Denmark were the UK ($X), Norway ($X) and Sweden ($X), with a combined 47% share of total exports. These countries were followed by Haiti, Germany, Rwanda, Poland, Spain and France, which together accounted for a further 36%.

Poland, with a CAGR of +114.2%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the average plastic headgear export price amounted to $X per unit, shrinking by -45.2% against the previous year. Overall, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Norway ($X per unit), while the average price for exports to Haiti ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Headgear Imports

Imports into Denmark

Plastic headgear imports into Denmark declined rapidly to X units in 2022, shrinking by -64.5% on the year before. Overall, imports recorded a pronounced contraction. The pace of growth was the most pronounced in 2020 when imports increased by 208% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastic headgear imports shrank rapidly to $X in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 152% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of plastic headgear to Denmark, accounting for a 52% share of total imports. Moreover, plastic headgear imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-8.4% per year) and Germany (-15.1% per year).

In value terms, China ($X), Sweden ($X) and Germany ($X) appeared to be the largest plastic headgear suppliers to Denmark, together comprising 60% of total imports. These countries were followed by Italy, Norway, the United States, the Netherlands, Spain, the UK and Taiwan (Chinese), which together accounted for a further 29%.

Among the main suppliers, Spain, with a CAGR of +26.5%, 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

The average plastic headgear import price stood at $X per unit in 2022, rising by 12% against the previous year. In general, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35%. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 United States ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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