Price for Textiles; Worn Clothing and Other Worn Articles in Denmark - 2023

Contents:

1. Price for Textiles; Worn Clothing and Other Worn Articles in Denmark (FOB) - 2023
2. Price for Textiles; Worn Clothing and Other Worn Articles in Denmark (CIF) - 2022
3. Exports of Textiles; Worn Clothing and Other Worn Articles in Denmark
4. Imports of Textiles; Worn Clothing and Other Worn Articles in Denmark

Price for Textiles; Worn Clothing and Other Worn Articles in Denmark (FOB) - 2023

In December 2023, the average export price for textiles; worn clothing and other worn articleses amounted to $685 per ton, growing by 18% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Gambia ($5,543 per ton), while the average price for exports to Norway ($114 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Textiles; Worn Clothing and Other Worn Articles in Denmark (CIF) - 2022

In 2022, the average import price for textiles; worn clothing and other worn articleses amounted to $11,292 per ton, picking up by 8.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 110%. Over the period under review, average import prices reached the maximum at $14,205 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greenland ($13,254 per ton), while the price for Iceland ($3,146 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Textiles; Worn Clothing and Other Worn Articles in Denmark

Exports of textiles; worn clothing and other worn articleses from Denmark reduced slightly to 16K tons in 2022, waning by -2.3% against the previous year. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9.3%. As a result, the exports reached the peak of 17K tons, and then fell modestly in the following year.

In value terms, exports of textiles; worn clothing and other worn articleses totaled $8.4M in 2022. Over the period under review, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.3% against the previous year.

Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Denmark in 2022:

1. Poland (5.1K tons)
2. Netherlands (2.5K tons)
3. Germany (2.4K tons)
4. Belgium (2.2K tons)
5. Bulgaria (1.4K tons)
6. Slovakia (0.8K tons)
7. United Arab Emirates (0.4K tons)

Imports of Textiles; Worn Clothing and Other Worn Articles in Denmark

Imports of textiles; worn clothing and other worn articleses into Denmark skyrocketed to 269 tons in 2022, growing by 98% on 2021 figures. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 214%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of textiles; worn clothing and other worn articleses skyrocketed to $3M in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 267%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Denmark in 2022:

1. Greenland (73.2 tons)
2. Netherlands (61.5 tons)
3. United Kingdom (26.8 tons)
4. United States (24.9 tons)
5. Latvia (24.4 tons)
6. Italy (16.0 tons)
7. Austria (10.4 tons)
8. Poland (6.2 tons)
9. Germany (5.2 tons)
10. Thailand (4.3 tons)
11. Sweden (0.4 tons)

Source: IndexBox Market Intelligence Platform