Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark - 2023
Contents:
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark (FOB) - 2022
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark (CIF) - 2023
- Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark
- Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark (FOB) - 2022
The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $6,523 per ton in 2022, increasing by 9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 an increase of 26%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($8,453 per ton), while the average price for exports to Poland ($3,381 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 the Netherlands (+2.6%), while the prices for the other major destinations experienced a decline.
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark (CIF) - 2023
In October 2023, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $7,935 per ton, which is down by -8.7% against the previous month. Overall, import price indicated perceptible growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for felt; whether or not impregnated, coated, covered or laminateds increased by +82.6% against June 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 61% against the previous month. The import price peaked at $8,691 per ton in September 2023, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($26,741 per ton), while the price for Sweden ($1,493 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark
In 2022, shipments abroad of felt; whether or not impregnated, coated, covered or laminateds decreased by -8.6% to 3.7K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. As a result, the exports reached the peak of 4.9K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds fell slightly to $24M in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 28%.
| Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 6.2 | 9.5 | 7.8 | 9.0 | 13.2% |
| Germany | 0.8 | 1.9 | 3.5 | 4.3 | 75.2% |
| Norway | 1.8 | 2.4 | 2.2 | 2.0 | 3.6% |
| Finland | 1.5 | 3.1 | 3.7 | 1.8 | 6.3% |
| Lithuania | 2.3 | 1.0 | 0.3 | 0.7 | -32.7% |
| Poland | 2.6 | 3.8 | 2.1 | 0.5 | -42.3% |
| Netherlands | 1.0 | N/A | 0.1 | 0.3 | -33.1% |
| Others | 2.1 | 1.8 | 4.4 | 5.4 | 37.0% |
| Total | 18.4 | 23.5 | 24.1 | 24.0 | 9.3% |
Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Denmark in 2022:
- Sweden (1776.8 tons)
- Germany (578.4 tons)
- Finland (446.7 tons)
- Norway (234.3 tons)
- Lithuania (179.4 tons)
- Poland (155.4 tons)
- Netherlands (45.4 tons)
Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark
After three years of growth, overseas purchases of felt; whether or not impregnated, coated, covered or laminateds decreased by -13.9% to 4K tons in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 4.6K tons, and then fell in the following year.
In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds reduced to $21M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports reached the peak of $22M, and then reduced in the following year.
| Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.4 | 4.4 | 5.2 | 4.1 | 6.4% |
| Sweden | 0.7 | 1.0 | 2.4 | 3.4 | 69.4% |
| China | 1.1 | 1.4 | 4.5 | 3.1 | 41.3% |
| United Kingdom | 4.8 | 5.3 | 3.4 | 3.0 | -14.5% |
| Germany | 3.2 | 2.1 | 2.5 | 2.9 | -3.2% |
| Belgium | 0.2 | 1.0 | 1.2 | 1.4 | 91.3% |
| Slovenia | 0.8 | 0.9 | 0.9 | 0.6 | -9.1% |
| Others | 2.1 | 2.3 | 2.4 | 2.1 | 0.0% |
| Total | 16.3 | 18.3 | 22.4 | 20.6 | 8.1% |
Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Denmark in 2022:
- Sweden (1031.4 tons)
- United Kingdom (627.6 tons)
- Germany (560.6 tons)
- Netherlands (526.2 tons)
- China (492.4 tons)
- Belgium (404.5 tons)
- Slovenia (121.9 tons)
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