Denmark: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Denmark

The Danish high-tenacity filament nylon yarn market contracted to $X in 2022, waning by -12.9% against the previous year. In general, consumption, however, saw a strong increase. High-tenacity filament nylon yarn consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Denmark

In value terms, high-tenacity filament nylon yarn production reduced rapidly to $X in 2022 estimated in export price. Overall, production, however, saw resilient growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 61% against the previous year. High-tenacity filament nylon yarn production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Denmark

High-tenacity filament nylon yarn exports from Denmark skyrocketed to X tons in 2022, rising by 235% on 2021 figures. In general, exports, however, faced a deep downturn. The growth pace was the most rapid in 2013 when exports increased by 449% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn exports surged to $X in 2022. Overall, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 190%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for high-tenacity filament nylon yarn exports from Denmark, with a 74% share of total exports. Moreover, high-tenacity filament nylon yarn exports to Estonia exceeded the volume sent to the second major destination, Sweden (X kg), tenfold. The third position in this ranking was held by Faroe Islands (X kg), with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume to Estonia stood at +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+10.7% per year) and Faroe Islands (+16.1% per year).

In value terms, Estonia ($X) emerged as the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Denmark, comprising 51% of total exports. The second position in the ranking was held by Sweden ($X), with a 15% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Estonia stood at +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+11.6% per year) and Germany (-13.1% per year).

Export Prices by Country

In 2022, the average high-tenacity filament nylon yarn export price amounted to $X per ton, shrinking by -51% against the previous year. In general, the export price recorded a noticeable slump. The pace of growth was the most pronounced in 2019 an increase of 98% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Faroe Islands ($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 Belgium (+77.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Denmark

For the third consecutive year, Denmark recorded growth in overseas purchases of high-tenacity filament yarn of nylon or other polyamides, which increased by 101% to X tons in 2022. Over the period under review, imports, however, recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of 327% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn imports surged to $X in 2022. In general, imports saw a noticeable increase. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Spain (X tons), the Netherlands (X tons) and Portugal (X tons) were the main suppliers of high-tenacity filament nylon yarn imports to Denmark, with a combined 88% share of total imports. France, Norway, Sweden, China, Italy and the United States lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +91.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest high-tenacity filament nylon yarn suppliers to Denmark were Spain ($X), France ($X) and Portugal ($X), with a combined 87% share of total imports. The Netherlands, Norway, Sweden, China, Italy and the United States lagged somewhat behind, together accounting for a further 11%.

Norway, with a CAGR of +118.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average high-tenacity filament nylon yarn import price stood at $X per ton in 2022, jumping by 138% against the previous year. In general, the import price showed a strong increase. The growth pace was the most rapid in 2019 an increase of 259% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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