Denmark: Primary Fiber Crops Market 2024

Primary Fiber Crops Market Size in Denmark

In 2022, the Danish primary fiber crops market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption recorded buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Primary Fiber Crops Production in Denmark

In value terms, primary fiber crops production shrank markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a dramatic contraction. Primary fiber crops production peaked at $X in 2021, and then shrank dramatically in the following year.

Primary Fiber Crops Exports

Exports from Denmark

In 2022, shipments abroad of fiber crops (primary) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then shrank rapidly in the following year.

In value terms, primary fiber crops exports declined remarkably to $X in 2022. In general, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined rapidly in the following year.

Exports by Country

Germany (X tons), France (X tons) and Sweden (X tons) were the main destinations of primary fiber crops exports from Denmark, together comprising X% of total exports. Spain, the Netherlands, the UK, Italy, Portugal, Norway, Finland, Switzerland, Poland and Russia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for primary fiber crops exported from Denmark were Sweden ($X), Germany ($X) and Finland ($X), together comprising X% of total exports. Norway, the UK, Spain, the Netherlands, France, Russia, Portugal, Switzerland, Italy and Poland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Switzerland, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 primary fiber crops export price amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Finland ($X per ton), while the average price for exports to France ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Primary Fiber Crops Imports

Imports into Denmark

In 2022, primary fiber crops imports into Denmark skyrocketed to X tons, growing by X% compared with 2021. In general, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, primary fiber crops imports soared to $X in 2022. Over the period under review, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest primary fiber crops supplier to Denmark, accounting for a X% share of total imports. Moreover, primary fiber crops imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (X% per year) and Germany (X% per year).

In value terms, Sri Lanka ($X), the Netherlands ($X) and Sweden ($X) were the largest primary fiber crops suppliers to Denmark, with a combined X% share of total imports. Germany, Belgium, Poland, Hungary, India, the UK and the United States lagged somewhat behind, together comprising a further X%.

The UK, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average primary fiber crops import price amounted to $X per ton, which is down by X% against the previous year. Overall, the import price showed a abrupt decline. The growth pace was the most rapid in 2019 when the average import price increased by X%. 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 Sweden ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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