Denmark: Vulcanised Rubber Thread Market 2024

Vulcanised Rubber Thread Market Size in Denmark

The Danish vulcanised rubber thread market soared to $X in 2022, jumping by X% against the previous year. In general, consumption showed prominent growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Vulcanised Rubber Thread Production in Denmark

In value terms, vulcanised rubber thread production shrank remarkably to $X in 2022 estimated in export price. In general, production showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X, and then contracted rapidly in the following year.

Vulcanised Rubber Thread Exports

Exports from Denmark

In 2022, the amount of vulcanised rubber thread and cord exported from Denmark surged to X tons, rising by X% compared with the previous year. In general, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised rubber thread exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Argentina (X tons), Estonia (X tons) and Germany (X tons) were the main destinations of vulcanised rubber thread exports from Denmark, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vulcanised rubber thread exported from Denmark were Argentina ($X), Germany ($X) and Estonia ($X), together accounting for X% of total exports.

Estonia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vulcanised rubber thread export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Argentina ($X 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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Thread Imports

Imports into Denmark

In 2022, imports of vulcanised rubber thread and cord into Denmark expanded rapidly to X tons, increasing by X% on 2021 figures. Over the period under review, imports showed temperate growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vulcanised rubber thread imports surged to $X in 2022. Overall, imports posted a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Malaysia (X tons), Germany (X tons) and China (X tons) were the main suppliers of vulcanised rubber thread imports to Denmark, together comprising X% of total imports. Sweden, France, the UK, Italy, Belgium and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and Italy ($X) constituted the largest vulcanised rubber thread suppliers to Denmark, with a combined X% share of total imports.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vulcanised rubber thread import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vulcanised rubber thread import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 the UK ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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