Price for Wadding; Other Articles Thereof, of Cotton in Denmark - 2024

Contents:

1. Price for Wadding; Other Articles Thereof, of Cotton in Denmark (CIF) - 2022
2. Price for Wadding; Other Articles Thereof, of Cotton in Denmark (FOB) - 2024
3. Imports of Wadding; Other Articles Thereof, of Cotton in Denmark
4. Exports of Wadding; Other Articles Thereof, of Cotton in Denmark

Price for Wadding; Other Articles Thereof, of Cotton in Denmark (CIF) - 2022

The average import price for wadding; other articles thereof, of cotta stood at $6,425 per ton in 2022, with a decrease of -6% against the previous year. In general, the import price recorded a mild contraction. The pace of growth was the most pronounced in 2014 an increase of 18% against the previous year. As a result, import price attained the peak level of $9,407 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($13,990 per ton), while the price for France ($4,116 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Cotton in Denmark (FOB) - 2024

The average export price for wadding; other articles thereof, of cotta stood at $7,326 per ton in February 2024, which is down by -1.6% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 4.4% m-o-m. Over the period under review, the average export prices reached the maximum at $8,133 per ton in October 2023; however, from November 2023 to February 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was Iceland ($9,746 per ton), while the average price for exports to Faroe Islands ($5,540 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wadding; Other Articles Thereof, of Cotton in Denmark

In 2022, approx. 1.3K tons of wadding; other articles thereof, of cotta were imported into Denmark; jumping by 29% on the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% 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 +51.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wadding; other articles thereof, of cotta surged to $8.3M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 24%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Denmark in 2022:

1. Netherlands (640.5 tons)
2. China (281.8 tons)
3. Germany (132.2 tons)
4. Poland (96.5 tons)
5. France (59.7 tons)
6. Switzerland (47.8 tons)
7. United Kingdom (1.5 tons)

Exports of Wadding; Other Articles Thereof, of Cotton in Denmark

For the fourth consecutive year, Denmark recorded growth in overseas shipments of wadding; other articles thereof, of cotta, which increased by 69% to 460 tons in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wadding; other articles thereof, of cotta skyrocketed to $3.3M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Denmark in 2022:

1. Norway (137.1 tons)
2. France (109.7 tons)
3. Sweden (86.4 tons)
4. Finland (58.2 tons)
5. Iceland (15.1 tons)
6. Switzerland (15.1 tons)
7. Netherlands (11.3 tons)
8. Greenland (6.6 tons)

Source: IndexBox Market Intelligence Platform