Knitted or crocheted pile fabrics market in Denmark

Earlier Report Observations

The market for knitted or crocheted pile fabrics in Denmark experienced significant volatility between 2018 and 2020. After reaching a value of $14.7 million in 2018, it fell sharply to $9.2 million in 2019 before recovering to $14.6 million in 2020. During this period, the industry was characterized by a dominance of small and medium-sized enterprises and a growing focus on sustainability and environmentally friendly textiles, which influenced material choices and production methods.

Market growth accelerated from 2021, with the value rising to $21.2 million and further to $22.5 million in 2022. This expansion coincided with regulatory adjustments, as the Danish Working Environment Authority updated guidance on chemical limit values for substances in textile production in November 2021. Concurrently, sustainability remained a central driver of consumer preferences and manufacturer strategies.

After peaking at $23.1 million in 2023, the market contracted to $19.4 million in 2024. The overall period from 2018 to 2024 saw a net increase in market value, marked by a strong recovery from the 2019 low and sustained growth until 2023, followed by a correction in the most recent year.

Production knitted or crocheted pile fabrics in Denmark

In value, 2018-2021, K $ US

Denmark's production of knitted or crocheted pile fabrics increased for the second consecutive year. In 2021, output was valued at 16 320 thousand US dollars, marking a significant 35.3% year-over-year rise. Over the 2018-2021 period, production grew by 31%, with a compound annual growth rate of 9.4%. The lowest value was recorded in 2019 at 10 786 thousand US dollars, which also saw the largest decline of 13.4%.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

In kind, 2018-2021, t

Denmark's production of knitted or crocheted pile fabrics declined for the second consecutive year. In 2021, output totaled 843.7 tonnes, representing a slight 1.3% decrease compared to the previous year. Over the 2018-2021 period, production fell by 9.1%, with a compound annual growth rate of -3.1%.

Annual dynamics of production in Denmark in kind, 2018-2021, t

Exports knitted or crocheted pile fabrics from Denmark

Exports in kind, t

Denmark exported 445.1 tonnes of knitted or crocheted pile fabrics in 2021, reflecting a sharp 47.1% year-over-year increase. Over the 2018-2021 period, exports grew by 50.2%, with a compound annual growth rate of 14.5%. The largest decline occurred in 2020, dropping by 29.8%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

From 2018 to 2021, Norway, Germany, and France were the main buyers of knitted or crocheted pile fabrics from Denmark, accounting for 35.4%, 17.4%, and 7.5% of exports in kind, respectively. Together, these three countries comprised 60.3% of total exports in kind.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, K $ US

Export values showed considerable volatility during this period. In 2021, Denmark's exports of knitted or crocheted pile fabrics stood at 5 959 thousand US dollars, reflecting a 37.1% increase compared to the previous year. The highest value was recorded in 2019 at 6 149 thousand US dollars, which also saw the largest increase of 80.9%. The largest decline occurred in 2020, falling by 29.3%. Overall, exports varied by 1.8-fold from the low in 2018 to the high in 2019.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

From 2018 to 2021, exports in value terms of knitted or crocheted pile fabrics from Denmark were distributed across a wide range of markets. France, the Netherlands, and Norway were the top destinations, accounting for 17.3%, 14.2%, and 13.8% of exports in value terms, respectively. Together, these three countries made up 45.3% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports knitted or crocheted pile fabrics to Denmark

Imports in kind, t

In 2021, Denmark imported 550.6 tonnes of knitted or crocheted pile fabrics, up by 9.0% compared to 2020. Over the 2018-2021 period, imports increased by 6.9%, with a compound annual growth rate of 2.2%. The lowest volume was recorded in 2020 at 505.3 tonnes, which also saw the largest decline of 7.3%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

From 2018 to 2021, China, the Netherlands, and Ukraine were the main sources for Denmark's imports of knitted or crocheted pile fabrics in kind, accounting for 55.6%, 21.1%, and 4.8% of imports, respectively. Together, these three countries represented 81.5% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, K $ US

Denmark's imports of knitted or crocheted pile fabrics increased for the second consecutive year. In 2021, imports totaled 10 857 thousand US dollars, up by 57.5% year-over-year. Between 2018 and 2021, imports grew by 94.1%, equating to an annualized rate of 24.7%. The lowest value was recorded in 2019 at 4 605 thousand US dollars, which also saw the largest decline of 17.7%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

Throughout 2018-2021, the Netherlands, Ukraine, and China remained the main markets for Denmark's imports of knitted or crocheted pile fabrics in value terms, accounting for 37.7%, 21.8%, and 17.4% of imports, respectively. Together, these three countries accounted for 76.9% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021