Denmark - Hollow Drill Bars And Rods - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHollow Drill Bar Price in Denmark - 2023
Contents:
- Hollow Drill Bar Price in Denmark (CIF) - 2022
- Hollow Drill Bar Price in Denmark (FOB) - 2022
- Hollow Drill Bar Imports in Denmark
- Hollow Drill Bar Exports in Denmark
Hollow Drill Bar Price in Denmark (CIF) - 2022
The average hollow drill bar import price stood at $3,242 per ton in 2022, reducing by -14.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of 75%. As a result, import price reached the peak level of $8,038 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($13,295 per ton), while the price for Sweden ($2,496 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Hollow Drill Bar Price in Denmark (FOB) - 2022
The average hollow drill bar export price stood at $14,672 per ton in 2022, jumping by 43% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 247% against the previous year. As a result, the export price reached the peak level of $28,868 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greenland ($15,909 per ton), while the average price for exports to Norway totaled $6,165 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+2.4%).
Hollow Drill Bar Imports in Denmark
Hollow drill bar imports into Denmark fell slightly to 58 tons in 2022, waning by -4.6% against 2021. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 565% against the previous year. As a result, imports attained the peak of 61 tons, and then fell in the following year.
In value terms, hollow drill bar imports reduced rapidly to $187K in 2022. Over the period under review, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 215% against the previous year. As a result, imports reached the peak of $230K, and then fell rapidly in the following year.
| Import of Hollow Drill Bar in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 23.3 | N/A | 194 | 129 | 76.9% |
| Norway | 19.9 | 64.6 | 28.3 | 38.1 | 24.2% |
| United Kingdom | 26.2 | N/A | 3.6 | 9.2 | -29.5% |
| Germany | 53.6 | N/A | 3.8 | N/A | -73.4% |
| Netherlands | N/A | 8.6 | N/A | N/A | 0% |
| Others | 5.1 | N/A | 0.8 | 10.6 | 27.6% |
| Total | 128 | 73.2 | 230 | 187 | 13.5% |
Top Suppliers of Hollow Drill Bar to Denmark in 2022:
- Sweden (51.8 tons)
- Norway (2.9 tons)
- United Kingdom (2.5 tons)
Hollow Drill Bar Exports in Denmark
After two years of decline, overseas shipments of hollow drill bars and rods increased by 324% to 25 tons in 2022. In general, exports, however, continue to indicate a drastic downturn.
In value terms, hollow drill bar exports surged to $373K in 2022. Over the period under review, exports, however, recorded a abrupt setback.
| Export of Hollow Drill Bar in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 171 | 52.2 | 15.5 | 341 | 25.9% |
| Norway | 324 | 69.2 | 39.1 | 23.5 | -58.3% |
| Others | 12.6 | N/A | 7.1 | 8.9 | -10.9% |
| Total | 507 | 121 | 61.7 | 373 | -9.7% |
Top Export Markets for Hollow Drill Bar from Denmark in 2022:
- Greenland (21.4 tons)
- Norway (3.8 tons)
This report provides an in-depth analysis of the hollow drill bar 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 24106700 - Hollow drill bars and rods
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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