Denmark - Iron and Steel Wire - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Iron and Steel Wire in Denmark - 2023
Contents:
- Price for Iron and Steel Wire in Denmark (CIF) - 2023
- Price for Iron and Steel Wire in Denmark (FOB) - 2023
- Imports of Iron and Steel Wire in Denmark
- Exports of Iron and Steel Wire in Denmark
Price for Iron and Steel Wire in Denmark (CIF) - 2023
In September 2023, the average iron and steel wire import price amounted to $2,108 per ton, reducing by -18% against the previous month. Over the period under review, the import price saw a slight downturn. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 17% month-to-month. The import price peaked at $3,170 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($3,052 per ton), while the price for the UK ($1,126 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron and Steel Wire in Denmark (FOB) - 2023
The average iron and steel wire export price stood at $3,923 per ton in September 2023, reducing by -8.7% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 15% m-o-m. The export price peaked at $4,404 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In September 2023, the highest price was recorded for prices to Switzerland ($5,927 per ton) and the UK ($5,878 per ton), while the average price for exports to Norway ($4,148 per ton) and Iceland ($4,472 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron and Steel Wire in Denmark
In 2022, approx. 35K tons of iron and steel wire were imported into Denmark; with a decrease of -16.6% on the previous year's figure. Overall, imports saw a mild shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of 42K tons, and then dropped remarkably in the following year.
In value terms, iron and steel wire imports shrank slightly to $88M 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 +11.0% 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 +74.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports reached the peak of $92M, and then reduced slightly in the following year.
| Import of Iron and Steel Wire in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.5 | 7.2 | 17.6 | 17.4 | 27.0% |
| Austria | 9.6 | 6.1 | 8.6 | 11.9 | 7.4% |
| Sweden | 7.1 | 5.4 | 10.1 | 9.4 | 9.8% |
| China | 4.8 | 4.8 | 6.7 | 8.9 | 22.9% |
| Croatia | 4.3 | 5.1 | 6.1 | 5.9 | 11.1% |
| Czech Republic | 5.3 | 4.3 | 5.3 | 5.8 | 3.1% |
| Netherlands | 1.7 | 1.3 | 3.7 | 3.9 | 31.9% |
| United Kingdom | 4.8 | 3.3 | 15.3 | 3.8 | -7.5% |
| Others | 18.3 | 13.1 | 18.9 | 21.3 | 5.2% |
| Total | 64.4 | 50.5 | 92.4 | 88.0 | 11.0% |
Top Suppliers of Iron and Steel Wire to Denmark in 2022:
- Germany (8.9K tons)
- Croatia (4.6K tons)
- Austria (3.9K tons)
- Sweden (3.3K tons)
- China (2.8K tons)
- Czech Republic (2.6K tons)
- United Kingdom (2.2K tons)
- Netherlands (1.6K tons)
Exports of Iron and Steel Wire in Denmark
Iron and steel wire exports from Denmark surged to 6.3K tons in 2022, increasing by 24% on 2021 figures. The total export volume increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron and steel wire exports surged to $21M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Iron and Steel Wire in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.1 | 4.4 | 5.6 | 6.3 | 15.4% |
| France | 0.5 | 0.8 | 0.2 | 2.1 | 61.3% |
| Sweden | 1.5 | 1.7 | 1.2 | 1.8 | 6.3% |
| Switzerland | 0.7 | 0.7 | 1.2 | 1.4 | 26.0% |
| Netherlands | 1.2 | 1.6 | 1.6 | 1.2 | 0.0% |
| Norway | 0.9 | 0.8 | 1.2 | 1.2 | 10.1% |
| Poland | 0.5 | 0.5 | 0.8 | 0.8 | 17.0% |
| Estonia | 0.6 | 0.5 | 0.6 | 0.7 | 5.3% |
| Belgium | 0.2 | 0.6 | 0.6 | 0.6 | 44.2% |
| Lithuania | 0.5 | 0.3 | 0.5 | 0.5 | 0.0% |
| Austria | 0.2 | 0.3 | 0.6 | 0.4 | 26.0% |
| Latvia | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Others | 2.2 | 2.3 | 3.5 | 3.2 | 13.3% |
| Total | 13.3 | 14.8 | 17.8 | 20.5 | 15.5% |
Top Export Markets for Iron and Steel Wire from Denmark in 2022:
- Germany (1985.8 tons)
- Sweden (1751.5 tons)
- Norway (353.8 tons)
- Switzerland (303.2 tons)
- Netherlands (286.0 tons)
- Poland (191.4 tons)
- Latvia (169.3 tons)
- Estonia (162.8 tons)
- Lithuania (151.9 tons)
- Belgium (151.9 tons)
- Austria (148.4 tons)
- France (83.3 tons)
This report provides an in-depth analysis of the market for iron and steel wire 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 24341130 - Iron or non-alloy steel wire containing < 0,25 % of carbon including crimping wire excluding stranded wire, barbed wire used for fencing - duplex wire - saw-tooth wire, insulated electric wire
- Prodcom 24341150 - Iron or non-alloy steel wire containing 0,25-0,6 % of carbon including crimped wire excluding stranded wire, barbed wire used for fencing, duplex wire, saw-tooth wire, insulated electric wire
- Prodcom 24341170 - Iron or non-alloy steel wire containing . 0,6 % of carbon including crimping wire excluding stranded wire, barbed wire used for fencing, duplex wire, saw-tooth wire, insulated electric wire
- Prodcom 24341200 - Stainless steel wire (excluding very fine sterile stainless wire used for surgical sutures)
- Prodcom 24341300 - Alloy steel wire (excluding stranded wire, barbed wire of a kind used for fencing, duplex wire, saw-tooth wire, insulated electric wire, of stainless 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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This report provides an in-depth analysis of the market for iron and steel wire in Denmark.
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This report provides an in-depth analysis of the market for iron and steel wire in Denmark.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Denmark.
598
This report provides an in-depth analysis of the market for iron and steel wire in Denmark.
509
This report provides an in-depth analysis of the global market for iron and steel wire.
1923
This report provides an in-depth analysis of the global market for iron and steel wire.
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Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
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Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
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In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1489
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
985
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1207
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
653
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
910
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3507
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
736
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
