Denmark: Men Swimwear Market 2024

Men Swimwear Market Size in Denmark

In 2021, the Danish men swimwear market decreased by -25% to $X, falling for the third year in a row after two years of growth. Overall, consumption recorded a noticeable slump. Men swimwear consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Men Swimwear Production in Denmark

In value terms, men swimwear production expanded to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 787% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Men Swimwear Exports

Exports from Denmark

After two years of growth, shipments abroad of men’s swimwear (excluding of knitted or crocheted textiles) decreased by -6.3% to X units in 2021. Over the period under review, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 170%. The exports peaked at X units in 2020, and then shrank in the following year.

In value terms, men swimwear exports reached $X in 2021. In general, exports, however, posted resilient growth. The growth pace was the most rapid in 2015 when exports increased by 120% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X units), France (X units) and Italy (X units) were the main destinations of men swimwear exports from Denmark, together accounting for 51% of total exports. These countries were followed by Poland, Spain, Sweden, the Netherlands, Finland, Norway and the UK, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +45.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for men swimwear exported from Denmark were Germany ($X), France ($X) and Italy ($X), together comprising 51% of total exports. Poland, Spain, Sweden, the Netherlands, Finland, Norway and the UK lagged somewhat behind, together comprising a further 34%.

Poland, with a CAGR of +46.0%, recorded 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

In 2021, the average men swimwear export price amounted to $X per unit, increasing by 15% against the previous year. Overall, the export price, however, showed a slight shrinkage. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Men Swimwear Imports

Imports into Denmark

In 2021, purchases abroad of men’s swimwear (excluding of knitted or crocheted textiles) decreased by -9.1% to X units, falling for the third consecutive year after four years of growth. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 94%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, men swimwear imports contracted to $X in 2021. Over the period under review, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2015 when imports increased by 66%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Bangladesh (X units) constituted the largest men swimwear supplier to Denmark, with a 67% share of total imports. Moreover, men swimwear imports from Bangladesh exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Cambodia (X units) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume from Bangladesh amounted to +92.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.2% per year) and Cambodia (+166.5% per year).

In value terms, Bangladesh ($X) constituted the largest supplier of men’s swimwear (excluding of knitted or crocheted textiles) to Denmark, comprising 51% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Belgium, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from Bangladesh totaled +77.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.4% per year) and Belgium (+58.0% per year).

Import Prices by Country

In 2021, the average men swimwear import price amounted to $X per unit, almost unchanged from the previous year. In general, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2019 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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