Denmark: Woolen Fabric Market 2025

Woolen Fabric Market Size in Denmark

The Danish woolen fabric market skyrocketed to $X in 2021, jumping by 662% against the previous year. Overall, consumption recorded a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Woolen Fabric Production in Denmark

In value terms, woolen fabric production expanded rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced reduction. Woolen fabric production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Woolen Fabric Exports

Exports from Denmark

In 2021, shipments abroad of woven woolen fabrics decreased by -9.7% to X square meters, falling for the second consecutive year after eight years of growth. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 33% against the previous year. As a result, the exports attained the peak of X square meters. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, woolen fabric exports totaled $X in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -24.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 25% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X square meters), Germany (X square meters) and the United States (X square meters) were the main destinations of woolen fabric exports from Denmark, together accounting for 36% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +24.6%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and the United States ($X) appeared to be the largest markets for woolen fabric exported from Denmark worldwide, with a combined 35% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +21.3%, 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 2021, the average woolen fabric export price amounted to $X per square meter, picking up by 12% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to China ($X per square meter) and Lithuania ($X per square meter), while the average price for exports to Slovakia ($X per square meter) and the UK ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Woolen Fabric Imports

Imports into Denmark

In 2021, approx. X square meters of woven woolen fabrics were imported into Denmark; picking up by 74% against 2020 figures. Overall, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -11.8% against 2019 indices. Over the period under review, imports hit record highs at X square meters in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, woolen fabric imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X square meters) constituted the largest woolen fabric supplier to Denmark, accounting for a 75% share of total imports. Moreover, woolen fabric imports from the UK exceeded the figures recorded by the second-largest supplier, Norway (X square meters), fourfold. Italy (X square meters) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume from the UK amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+5.6% per year) and Italy (-4.8% per year).

In value terms, the UK ($X) constituted the largest supplier of woven woolen fabrics to Denmark, comprising 68% of total imports. The second position in the ranking was held by Norway ($X), with a 23% share of total imports. It was followed by Italy, with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+2.5% per year) and Italy (-5.6% per year).

Import Prices by Country

The average woolen fabric import price stood at $X per square meter in 2021, which is down by -3% against the previous year. In general, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2020 an increase of 14%. Over the period under review, average import prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Norway ($X per square meter) and Italy ($X per square meter), while the price for the UK ($X per square meter) and Portugal ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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