Denmark: Bracelet Market 2025

Bracelet Market Size in Denmark

The Danish bracelet market dropped dramatically to $X in 2022, with a decrease of -63.5% against the previous year. Overall, consumption recorded a abrupt shrinkage. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Bracelet Production in Denmark

In value terms, bracelet production dropped modestly to $X in 2022 estimated in export price. Overall, production saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by 5.2%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Bracelet Exports

Exports from Denmark

In 2022, approx. X units of watch straps, bands and bracelets were exported from Denmark; surging by 24% against the previous year's figure. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 497% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, bracelet exports skyrocketed to $X in 2022. Overall, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 with an increase of 168% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Sweden (X units) was the main destination for bracelet exports from Denmark, accounting for a 43% share of total exports. Moreover, bracelet exports to Sweden exceeded the volume sent to the second major destination, Finland (X units), twofold. Norway (X units) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden totaled +74.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+77.9% per year) and Norway (+25.9% per year).

In value terms, Norway ($X), the United States ($X) and Sweden ($X) were the largest markets for bracelet exported from Denmark worldwide, together accounting for 71% of total exports. Finland and Hong Kong SAR lagged somewhat behind, together comprising a further 15%.

In terms of the main countries of destination, Finland, with a CAGR of +51.5%, saw 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

The average bracelet export price stood at $X per unit in 2022, rising by 16% against the previous year. In general, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 19%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Sweden ($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 Norway (+4.5%), while the prices for the other major destinations experienced a decline.

Bracelet Imports

Imports into Denmark

After two years of growth, overseas purchases of watch straps, bands and bracelets decreased by -2.9% to X units in 2022. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by 79% against the previous year. Imports peaked at X units in 2021, and then dropped modestly in the following year.

In value terms, bracelet imports dropped sharply to $X in 2022. Overall, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2017 when imports increased by 66% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

China (X units), the Czech Republic (X units) and the Netherlands (X units) were the main suppliers of bracelet imports to Denmark, with a combined 76% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +107.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of watch straps, bands and bracelets to Denmark, comprising 46% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Sweden, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +47.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.2% per year) and Sweden (+26.2% per year).

Import Prices by Country

In 2022, the average bracelet import price amounted to $X per unit, reducing by -17.2% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 79% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 Switzerland ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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