Woolen Yarn Market Overview in Denmark
In value terms, woolen yarn production surged to $ in 2018 estimated in export prices. Overall, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2009 with an increase of % year-to-year. Woolen yarn production peaked in 2018 and is expected to retain growth in the near future.
The revenue of the woolen yarn market in Denmark fell notably to $ in 2018, reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a prominent increase. The growth pace was the most rapid in 2009 with an increase of % y-o-y. Over the period under review, the market hit record highs at $ in 2017, and then dropped markedly in the following year.