Denmark - Hot-Rolled Bars Of High Speed Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled High Speed Steel Bar in Denmark - 2023
Contents:
- Price for Hot-Rolled High Speed Steel Bar in Denmark (CIF) - 2023
- Price for Hot-Rolled High Speed Steel Bar in Denmark (FOB) - 2022
- Imports of Hot-Rolled High Speed Steel Bar in Denmark
- Exports of Hot-Rolled High Speed Steel Bar in Denmark
Price for Hot-Rolled High Speed Steel Bar in Denmark (CIF) - 2023
The average import price for hot-rolled bars of high speed steel stood at $8,798 per ton in July 2023, approximately equating the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in April 2023 an increase of 6.6% m-o-m. The import price peaked at $8,881 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Slovakia ($9,822 per ton), while the price for Spain ($6,265 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hot-Rolled High Speed Steel Bar in Denmark (FOB) - 2022
The average export price for hot-rolled bars of high speed steel stood at $45,916 per ton in 2022, surging by 45% against the previous year. In general, the export price, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 an increase of 69%. The export price peaked at $91,466 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($92,500 per ton), while the average price for exports to Hungary ($39,308 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 Greenland (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hot-Rolled High Speed Steel Bar in Denmark
Hot-rolled high speed steel bar imports into Denmark soared to 2.1K tons in 2022, with an increase of 18% against 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, hot-rolled high speed steel bar imports totaled $17M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Hot-Rolled High Speed Steel Bar in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | N/A | 1.8 | 5.6 | 7.5 | 104.1% |
| Slovakia | 3.4 | 2.7 | 4.8 | 3.9 | 4.7% |
| Finland | 1.1 | 1.5 | 3.6 | 2.9 | 38.1% |
| Poland | N/A | N/A | 0.3 | 1.3 | 333.3% |
| Sweden | 6.2 | 2.6 | 1.7 | 1.3 | -40.6% |
| Romania | 3.9 | 1.9 | 0.4 | N/A | -68.0% |
| Others | 0.1 | 0.3 | 0.5 | 0.2 | 26.0% |
| Total | 14.8 | 11.0 | 16.9 | 17.2 | 5.1% |
Top Suppliers of Hot-Rolled High Speed Steel Bar to Denmark in 2022:
- Bulgaria (958.6 tons)
- Slovakia (432.7 tons)
- Finland (413.0 tons)
- Poland (164.1 tons)
- Sweden (155.9 tons)
Exports of Hot-Rolled High Speed Steel Bar in Denmark
In 2022, approx. 237 kg of hot-rolled bars of high speed steel were exported from Denmark; waning by -19.4% on 2021 figures. In general, exports saw a sharp contraction.
In value terms, hot-rolled high speed steel bar exports surged to $11K in 2022. Over the period under review, exports recorded a dramatic slump.
| Export of Hot-Rolled High Speed Steel Bar in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 6.5 | 7.2 | 10.8% |
| Ghana | N/A | N/A | N/A | 1.5 | 0% |
| Greenland | N/A | 14.6 | N/A | 1.3 | -70.2% |
| Hungary | N/A | N/A | N/A | 0.5 | 0% |
| Spain | 1.5 | 0.5 | N/A | 0.4 | -35.6% |
| Japan | 2,738 | N/A | N/A | N/A | 0% |
| Turkey | N/A | 148 | N/A | N/A | 0% |
| Others | 15.7 | 1.4 | 2.8 | N/A | -57.8% |
| Total | 2,755 | 165 | 9.3 | 10.9 | -84.2% |
Top Export Markets for Hot-Rolled High Speed Steel Bar from Denmark in 2022:
- China (168.0 kg)
- Ghana (26.0 kg)
- Greenland (26.0 kg)
- Hungary (13.0 kg)
- Spain (4.0 kg)
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar 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 24106610 - Hot-rolled bars of high speed 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
-
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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