Denmark: Market for High-Tenacity Filament Yarn Of Polyesters 2024

Market Size for High-Tenacity Filament Yarn Of Polyesters in Denmark

The Danish high-tenacity filament polyester yarn market surged to $X in 2021, jumping by 211% against the previous year. Over the period under review, consumption recorded noticeable growth. High-tenacity filament polyester yarn consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of High-Tenacity Filament Yarn Of Polyesters in Denmark

In value terms, high-tenacity filament polyester yarn production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports from Denmark

High-tenacity filament polyester yarn exports from Denmark skyrocketed to X tons in 2021, picking up by 143% on the previous year's figure. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament polyester yarn exports skyrocketed to $X in 2021. Overall, exports saw a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and France (X tons) were the main destinations of high-tenacity filament polyester yarn exports from Denmark, with a combined 71% share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +115.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Poland ($X) were the largest markets for high-tenacity filament polyester yarn exported from Denmark worldwide, with a combined 60% share of total exports. These countries were followed by France, Sweden, Slovakia, Austria and Norway, which together accounted for a further 20%.

France, with a CAGR of +91.0%, saw the highest rates of growth with regard to 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 high-tenacity filament polyester yarn export price stood at $X per ton in 2021, falling by -11% against the previous year. In general, the export price showed a pronounced setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 27%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Germany ($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 Slovakia (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports into Denmark

High-tenacity filament polyester yarn imports into Denmark surged to X tons in 2021, rising by 164% on 2020. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament polyester yarn imports surged to $X in 2021. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of high-tenacity filament polyester yarn to Denmark, with a 62% share of total imports. Moreover, high-tenacity filament polyester yarn imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +40.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+5,220.1% per year) and Germany (+58.7% per year).

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of polyesters to Denmark, comprising 61% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 20% share of total imports. It was followed by Germany, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +39.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+4,993.5% per year) and Germany (+43.7% per year).

Import Prices by Country

In 2021, the average high-tenacity filament polyester yarn import price amounted to $X per ton, picking up by 2% against the previous year. In general, the import price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 26%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :