Price for Steel, Stainless; Ingots and Other Primary Forms in Denmark - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Denmark (FOB) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Denmark (CIF) - 2022
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Denmark
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Denmark
Price for Steel, Stainless; Ingots and Other Primary Forms in Denmark (FOB) - 2022
In 2022, the average export price for steel, stainless; ingots and other primary formses amounted to $3,629 per ton, rising by 58% against the previous year. In general, the export price recorded a remarkable increase. The growth pace was the most rapid in 2016 when the average export price increased by 302%. As a result, the export price reached the peak level of $11,614 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($5,893 per ton), while the average price for exports to Norway ($326 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 Germany (+3.1%), while the prices for the other major destinations experienced a decline.
Price for Steel, Stainless; Ingots and Other Primary Forms in Denmark (CIF) - 2022
In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $20,943 per ton, rising by 20% against the previous year. In general, the import price, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 64%. As a result, import price attained the peak level of $38,238 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($46,311 per ton), while the price for the United States ($7,601 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Ingots and Other Primary Forms in Denmark
For the third year in a row, Denmark recorded decline in shipments abroad of steel, stainless; ingots and other primary formses, which decreased by -49.3% to 220 tons in 2022. Over the period under review, exports saw a dramatic downturn. The smallest decline of -15.4% was in 2020.
In value terms, exports of steel, stainless; ingots and other primary formses fell dramatically to $800K in 2022. In general, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 9.2% against the previous year. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 814 | 887 | 944 | 465 | -17.0% |
| Netherlands | 2.0 | 1.3 | 0.2 | 264 | 409.2% |
| Norway | 219 | 253 | 26.8 | 18.2 | -56.4% |
| Sweden | 5.5 | 5.6 | 2.7 | 9.0 | 17.8% |
| Austria | N/A | 0.2 | N/A | 4.7 | 384.8% |
| Chile | N/A | 49.7 | N/A | N/A | 0% |
| Others | 107 | 57.6 | 27.2 | 39.2 | -28.4% |
| Total | 1,148 | 1,253 | 1,001 | 800 | -11.3% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Denmark in 2022:
- Germany (98.9 tons)
- Norway (55.9 tons)
- Netherlands (44.8 tons)
- Austria (7.1 tons)
- Sweden (5.7 tons)
Imports of Steel, Stainless; Ingots and Other Primary Forms in Denmark
In 2022, approx. 16 tons of steel, stainless; ingots and other primary formses were imported into Denmark; increasing by 12% compared with 2021. Overall, imports continue to indicate a tangible expansion. The pace of growth was the most pronounced in 2020 when imports increased by 221% against the previous year. As a result, imports reached the peak of 45 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, stainless; ingots and other primary formses skyrocketed to $330K in 2022. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 192% against the previous year. As a result, imports reached the peak of $602K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 11.9 | N/A | 0.7 | 140 | 127.4% |
| China | 105 | 135 | 103 | 52.6 | -20.6% |
| Sweden | 1.5 | N/A | 0.1 | 46.8 | 214.8% |
| Germany | 5.0 | 418 | 17.1 | 41.7 | 102.8% |
| United States | 16.9 | 4.1 | 2.0 | 38.9 | 32.0% |
| Spain | 14.1 | 24.9 | 11.3 | 1.9 | -48.7% |
| Netherlands | N/A | N/A | 98.1 | 0.2 | -99.8% |
| Romania | 10.1 | 17.9 | N/A | N/A | 77.2% |
| Others | 41.9 | 2.5 | 13.9 | 7.9 | -42.7% |
| Total | 206 | 602 | 247 | 330 | 17.0% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Denmark in 2022:
- United States (5.1 tons)
- China (4.7 tons)
- Poland (3.0 tons)
- Sweden (1.2 tons)
- Germany (1.2 tons)
- Spain (0.1 tons)
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