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Denmark - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDenmark: Glass Fibre Filament Market 2024
Glass Fibre Filament Market Size in Denmark
In 2021, the Danish glass fibre filament market increased by 16% to $X, rising for the second consecutive year after three years of decline. Overall, consumption posted a buoyant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.
Glass Fibre Filament Production in Denmark
In value terms, glass fibre filament production soared to $X in 2021 estimated in export price. Over the period under review, the total production indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.7% against 2019 indices. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.
Glass Fibre Filament Exports
Exports from Denmark
In 2021, approx. X tons of glass fibre filaments were exported from Denmark; with an increase of 64% against the previous year's figure. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 815%. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, glass fibre filament exports soared to $X in 2021. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 504%. The exports peaked in 2021 and are expected to retain growth in the immediate term.
Exports by Country
Belgium (X tons) was the main destination for glass fibre filament exports from Denmark, with a 93% share of total exports. It was followed by the Czech Republic (X tons), with a 1.6% share of total exports. Switzerland (X tons) ranked third in terms of total exports with a 1% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium amounted to +60.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+14.6% per year) and Switzerland (+0.5% per year).
In value terms, Belgium ($X) remains the key foreign market for glass fibre filaments exports from Denmark, comprising 88% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 1.7% share of total exports. It was followed by Switzerland, with a 1.1% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at +57.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+6.9% per year) and Switzerland (-4.2% per year).
Export Prices by Country
In 2021, the average glass fibre filament export price amounted to $X per ton, reducing by -21% against the previous year. In general, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2017 when the average export price increased by 91%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.9%), while the prices for the other major destinations experienced a decline.
Glass Fibre Filament Imports
Imports into Denmark
In 2021, supplies from abroad of glass fibre filaments increased by 17% to X tons, rising for the second consecutive year after three years of decline. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 408% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.
In value terms, glass fibre filament imports skyrocketed to $X in 2021. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 401% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, Norway (X tons) constituted the largest glass fibre filament supplier to Denmark, accounting for a 88% share of total imports. Moreover, glass fibre filament imports from Norway exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold. Bahrain (X tons) ranked third in terms of total imports with a 4.8% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Norway amounted to +44.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.0% per year) and Bahrain (+165.3% per year).
In value terms, Norway ($X) constituted the largest supplier of glass fibre filaments to Denmark, comprising 87% of total imports. The second position in the ranking was held by Belgium ($X), with a 5.5% share of total imports. It was followed by Bahrain, with a 4.3% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Norway amounted to +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+0.7% per year) and Bahrain (+166.9% per year).
Import Prices by Country
The average glass fibre filament import price stood at $X per ton in 2021, picking up by 12% against the previous year. In general, the import price, however, recorded a noticeable reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per ton) and Belgium ($X per ton), while the price for Bahrain ($X per ton) and Norway ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the glass fibre filament market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23141130 - Glass fibre filaments (including rovings)
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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