Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Denmark - 2024

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Denmark (CIF) - 2022
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Denmark (FOB) - 2022
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Denmark
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Denmark

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Denmark (CIF) - 2022

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $2.7 per square meter in 2022, increasing by 15% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $2.8 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Norway ($13 per square meter), while the price for China ($1.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Denmark (FOB) - 2022

The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $3.8 per square meter in 2022, dropping by -2.8% against the previous year. Overall, the export price saw a mild downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 26%. The export price peaked at $4.3 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($9.8 per square meter), while the average price for exports to Norway ($2.8 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 Germany (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Denmark

In 2022, purchases abroad of textile fabrics, rubberised; other than those of heading no. 5902s decreased by -5.1% to 3.8M square meters, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of 4.2M square meters. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s amounted to $10M in 2022. The total import value increased at an average annual rate of +11.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 39%. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Denmark in 2022:

1. Germany (1992.6K square meters)
2. United Kingdom (493.1K square meters)
3. United States (432.8K square meters)
4. China (342.8K square meters)
5. Sweden (207.1K square meters)
6. Norway (68.0K square meters)
7. Italy (48.0K square meters)
8. Netherlands (8.1K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Denmark

In 2022, exports of textile fabrics, rubberised; other than those of heading no. 5902s from Denmark was estimated at 2M square meters, approximately equating 2021 figures. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s contracted slightly to $7.5M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports reached the peak of $7.7M, and then fell in the following year.

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Denmark in 2022:

1. Norway (744.5K square meters)
2. Sweden (699.9K square meters)
3. United States (102.1K square meters)
4. Finland (76.5K square meters)
5. Poland (75.3K square meters)
6. Germany (74.2K square meters)
7. Russia (61.2K square meters)

Source: IndexBox Market Intelligence Platform