Footwear Market Overview in Denmark
In value terms, footwear production dropped to $ in estimated in export prices. Overall, production saw a abrupt slump. The pace of growth was the most pronounced in 2019 when the production volume increased by % against the previous year. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production failed to regain the momentum.
The value of the footwear market in Denmark declined notably to $ in , which is down 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 showed a perceptible curtailment. The most prominent rate of growth was recorded in 2010 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2011 to , the growth of the market remained at a somewhat lower figure.
From 2007 to , the biggest increases were in footwear with uppers of textile materials, while footwear consumption for the other products experienced a decline.
In value terms, footwear with uppers of leather ($) led the market, alone. The second position in the ranking was occupied by footwear with uppers of textile materials ($). It was followed by footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap.
From 2007 to , the average annual rate of growth in terms of the market volume of footwear with uppers of leather stood at -%. With regard to the other consumed products, the following average annual rates of growth were recorded: footwear with uppers of textile materials (+% per year) and footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap (-% per year).