Denmark: Synthetic Yarn Market 2025

Synthetic Yarn Market Size in Denmark

In 2022, the Danish synthetic yarn market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021, and then fell in the following year.

Synthetic Yarn Production in Denmark

In value terms, synthetic yarn production reduced dramatically to $X in 2022 estimated in export price. In general, production continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Synthetic Yarn Exports

Exports from Denmark

In 2022, after two years of growth, there was decline in overseas shipments of yarn of synthetic or artificial staple fibers, when their volume decreased by X% to X tons. Over the period under review, exports, however, continue to indicate a modest increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, synthetic yarn exports fell significantly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons) was the main destination for synthetic yarn exports from Denmark, accounting for a X% share of total exports. Moreover, synthetic yarn exports to Ukraine exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold. The third position in this ranking was taken by Norway (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ukraine stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Norway (X% per year).

In value terms, the largest markets for synthetic yarn exported from Denmark were Ukraine ($X), Norway ($X) and Sweden ($X), with a combined X% share of total exports. Estonia, the UK, the Netherlands and Lithuania lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Estonia, with a CAGR of X%, saw the highest rates of growth with regard to 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 synthetic yarn export price amounted to $X per ton, waning by X% against the previous year. In general, the export price saw a mild shrinkage. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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

Synthetic Yarn Imports

Imports into Denmark

After two years of growth, purchases abroad of yarn of synthetic or artificial staple fibers decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then declined slightly in the following year.

In value terms, synthetic yarn imports dropped to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

Turkey (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of synthetic yarn imports to Denmark, with a combined X% share of total imports. Indonesia, India, Belgium, the Netherlands, Lithuania and Austria lagged somewhat behind, together comprising a further X%.

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

In value terms, Turkey ($X), Italy ($X) and Germany ($X) constituted the largest synthetic yarn suppliers to Denmark, together accounting for X% of total imports. India, Belgium, Indonesia, the Netherlands, Lithuania and Austria lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average synthetic yarn import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked at $X per ton in 2021, and then contracted in the following year.

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 Austria ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :