Denmark: Market for Silk Shawls And Scarves 2025

Market Size for Silk Shawls And Scarves in Denmark

In 2022, the Danish silk shawl and scarf market decreased by -1.6% to $X, falling for the fourth consecutive year after three years of growth. Over the period under review, consumption, however, enjoyed a significant expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Silk Shawls And Scarves in Denmark

In value terms, silk shawl and scarf production contracted remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 404% against the previous year. As a result, production attained the peak level of $X, and then plummeted in the following year.

Exports of Silk Shawls And Scarves

Exports from Denmark

In 2022, approx. X units of silk shawls and scarves were exported from Denmark; waning by -2.6% compared with 2021. In general, exports recorded a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, silk shawl and scarf exports declined sharply to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), Sweden (X units) and Norway (X units) were the main destinations of silk shawl and scarf exports from Denmark, together comprising 58% of total exports. France, the UK, Spain, Poland, the Netherlands, Switzerland, Belgium, Italy and Finland lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +5.2%), while the other leaders experienced a decline.

In value terms, Germany ($X), Sweden ($X) and France ($X) constituted the largest markets for silk shawl and scarf exported from Denmark worldwide, with a combined 49% share of total exports. Norway, the Netherlands, Spain, Poland, the UK, Switzerland, Belgium, Italy and Finland lagged somewhat behind, together accounting for a further 35%.

Poland, with a CAGR of +12.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average silk shawl and scarf export price amounted to $X per unit, declining by -14.9% against the previous year. Overall, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 25%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Norway ($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 Poland (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Shawls And Scarves

Imports into Denmark

For the fourth consecutive year, Denmark recorded decline in purchases abroad of silk shawls and scarves, which decreased by -3% to X units in 2022. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 15% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, silk shawl and scarf imports skyrocketed to $X in 2022. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by 31% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of silk shawl and scarf to Denmark, with a 64% share of total imports. Moreover, silk shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. France (X units) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-21.0% per year) and France (+2.1% per year).

In value terms, France ($X), China ($X) and India ($X) were the largest silk shawl and scarf suppliers to Denmark, together comprising 77% of total imports.

France, with a CAGR of +20.3%, saw 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 silk shawl and scarf import price amounted to $X per unit, increasing by 20% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silk shawl and scarf import price increased by +66.8% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 48% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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