Denmark: Silk Fabric Market 2024

Silk Fabric Market Size in Denmark

The Danish silk fabric market rose slightly to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Silk Fabric Production in Denmark

In value terms, silk fabric production reduced to $X in 2022 estimated in export price. In general, production, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Silk fabric production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Silk Fabric Exports

Exports from Denmark

In 2022, overseas shipments of woven fabrics of silk or of silk waste increased by X% to X square meters for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, showed a deep contraction. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X square meters. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, silk fabric exports shrank notably to $X in 2022. In general, exports, however, continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Greenland (X square meters) was the main destination for silk fabric exports from Denmark, with a X% share of total exports. Moreover, silk fabric exports to Greenland exceeded the volume sent to the second major destination, Germany (X square meters), fivefold. Sweden (X square meters) ranked third in terms of total exports with a X% share.

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

In value terms, the largest markets for silk fabric exported from Denmark were Greenland ($X), Sweden ($X) and Germany ($X), with a combined X% share of total exports.

Greenland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average silk fabric export price stood at $X per square meter in 2022, waning by X% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per square meter in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per square meter), while the average price for exports to the UK ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Fabric Imports

Imports into Denmark

In 2022, purchases abroad of woven fabrics of silk or of silk waste was finally on the rise to reach X square meters after two years of decline. Over the period under review, imports, however, recorded a deep setback. Imports peaked at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, silk fabric imports surged to $X in 2022. In general, imports, however, continue to indicate a noticeable descent. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X square meters), Italy (X square meters) and China (X square meters) were the main suppliers of silk fabric imports to Denmark, with a combined X% 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 Italy (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest silk fabric suppliers to Denmark were Italy ($X), Germany ($X) and China ($X), together accounting for X% of total imports. The UK, France and India lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the UK, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average silk fabric import price amounted to $X per square meter, reducing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per square meter, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for Germany ($X per square meter) 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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