Denmark: Cold-Rolled Steel Products Market 2024

Cold-Rolled Steel Products Market Size in Denmark

In 2022, the Danish cold-rolled steel products market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a mild expansion from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Cold-Rolled Steel Products Production in Denmark

In value terms, cold-rolled steel products production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in years to come.

Cold-Rolled Steel Products Exports

Exports from Denmark

In 2022, exports of flat-rolled products of iron or steel (not further worked than cold-rolled) from Denmark dropped sharply to X tons, shrinking by X% on 2021. Over the period under review, total exports indicated a strong increase from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced sharply in the following year.

In value terms, cold-rolled steel products exports dropped to $X in 2022. Overall, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Sweden (X tons), Norway (X tons) and the Netherlands (X tons) were the main destinations of cold-rolled steel products exports from Denmark, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for flat-rolled products of iron or steel (not further worked than cold-rolled) exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average cold-rolled steel products export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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

Cold-Rolled Steel Products Imports

Imports into Denmark

In 2022, approx. X tons of flat-rolled products of iron or steel (not further worked than cold-rolled) were imported into Denmark; declining by X% compared with the previous year's figure. In general, imports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cold-rolled steel products imports stood at $X in 2022. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X tons), Sweden (X tons) and Finland (X tons) were the main suppliers of cold-rolled steel products imports to Denmark, with a combined X% share of total imports. Taiwan (Chinese), Italy, Belgium and France lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest cold-rolled steel products suppliers to Denmark were Germany ($X), Sweden ($X) and Finland ($X), together comprising X% of total imports. Italy, Taiwan (Chinese), France and Belgium lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cold-rolled steel products import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, import price indicated resilient growth 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, cold-rolled steel products import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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