Denmark - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Metal Articles Price in Denmark - 2023
Contents:
- Threaded Metal Articles Price in Denmark (FOB) - 2023
- Threaded Metal Articles Price in Denmark (CIF) - 2023
- Threaded Metal Articles Exports in Denmark
- Threaded Metal Articles Imports in Denmark
Threaded Metal Articles Price in Denmark (FOB) - 2023
In June 2023, the average threaded metal articles export price amounted to $7,582 per ton, approximately reflecting the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in March 2023 an increase of 34% month-to-month. As a result, the export price reached the peak level of $9,350 per ton. From April 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In June 2023, the highest price was recorded for prices to the UK ($9,534 per ton) and the United States ($7,147 per ton), while the average price for exports to Norway ($6,418 per ton) and China ($6,505 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Threaded Metal Articles Price in Denmark (CIF) - 2023
The average threaded metal articles import price stood at $7,401 per ton in June 2023, dropping by -15.7% against the previous month. Over the period under review, import price indicated a moderate increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, threaded metal articles import price increased by +8.5% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 29% month-to-month. Over the period under review, average import prices attained the peak figure at $9,062 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($15,101 per ton), while the price for Vietnam ($3,035 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Threaded Metal Articles Exports in Denmark
In 2022, shipments abroad of threaded articles of iron or steel decreased by -19.4% to 4.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 42%.
In value terms, threaded metal articles exports fell slightly to $31M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year.
Export of Threaded Metal Articles in Denmark (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 4.2 | 12.6 | 13.9 | 11.5 | 39.9% |
China | 0.1 | 1.4 | 5.6 | 6.4 | 300.0% |
Mexico | N/A | N/A | 0.6 | 2.5 | 316.7% |
United States | 0.7 | 1.2 | 0.9 | 1.2 | 19.7% |
Poland | 2.6 | 1.5 | 1.8 | 1.1 | -24.9% |
Norway | 1.3 | 1.3 | 1.8 | 1.0 | -8.4% |
Germany | 2.5 | 2.2 | 1.2 | 0.6 | -37.9% |
Sweden | 1.1 | 1.0 | 0.8 | 0.5 | -23.1% |
Slovakia | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
Others | 6.0 | 5.2 | 4.5 | 5.7 | -1.7% |
Total | 18.7 | 26.6 | 31.2 | 30.9 | 18.2% |
Top Export Markets for Threaded Metal Articles from Denmark in 2022:
- Spain (1812.9 tons)
- China (974.9 tons)
- Poland (407.4 tons)
- United States (135.4 tons)
- Mexico (134.4 tons)
- Slovakia (120.5 tons)
- Norway (113.8 tons)
- Sweden (59.4 tons)
- Germany (39.3 tons)
Threaded Metal Articles Imports in Denmark
In 2022, after three years of growth, there was decline in supplies from abroad of threaded articles of iron or steel, when their volume decreased by -2.6% to 3.9K tons. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, imports attained the peak of 4K tons, and then dropped in the following year.
In value terms, threaded metal articles imports stood at $28M in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Threaded Metal Articles in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.3 | 5.6 | 6.5 | 7.2 | 10.8% |
China | 4.1 | 3.7 | 3.9 | 4.8 | 5.4% |
Poland | 2.5 | 3.4 | 4.5 | 3.7 | 14.0% |
Taiwan (Chinese) | 0.4 | 0.6 | 1.3 | 2.1 | 73.8% |
Sweden | 2.0 | 2.0 | 1.6 | 2.0 | 0.0% |
Ireland | 1.1 | 1.2 | 1.6 | 1.2 | 2.9% |
Italy | 0.6 | 1.8 | 1.7 | 1.0 | 18.6% |
Spain | 0.2 | 1.0 | 0.8 | 0.9 | 65.1% |
Netherlands | 0.5 | 0.6 | 0.4 | 0.7 | 11.9% |
Vietnam | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
Others | 2.7 | 2.4 | 2.7 | 3.5 | 9.0% |
Total | 19.9 | 22.6 | 25.4 | 27.6 | 11.5% |
Top Suppliers of Threaded Metal Articles to Denmark in 2022:
- China (1170.8 tons)
- Germany (662.4 tons)
- Poland (612.7 tons)
- Taiwan (Chinese) (418.8 tons)
- Ireland (188.2 tons)
- Netherlands (146.9 tons)
- Spain (129.8 tons)
- Italy (104.8 tons)
- Sweden (95.8 tons)
- Vietnam (79.3 tons)
This report provides an in-depth analysis of the threaded metal articles market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941190 - Threaded articles, n.e.c., of iron or steel
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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