Report Update: May 18, 2024

Denmark - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iron or Steel Leaf-Spring in Denmark - 2023

Price for Iron or Steel Leaf-Spring in Denmark (CIF) - 2022

The average iron or steel leaf-spring import price stood at $8,156 per ton in 2022, jumping by 20% against the previous year. In general, the import price, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2014 an increase of 36% against the previous year. As a result, import price attained the peak level of $11,125 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($33,483 per ton), while the price for Finland ($1,717 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Leaf-Spring in Denmark (FOB) - 2022

In 2022, the average iron or steel leaf-spring export price amounted to $42,557 per ton, falling by -4.6% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $44,630 per ton, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($119,506 per ton), while the average price for exports to Slovakia ($20,320 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 China (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Leaf-Spring in Denmark

In 2022, approx. 638 tons of iron or steel leaf-springs and leaves were imported into Denmark; surging by 50% against 2021 figures. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel leaf-spring imports surged to $5.2M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Iron or Steel Leaf-Spring in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,340	2,118	1,449	404	-44.3%
Germany	357	460	219	396	3.5%
Sweden	403	508	360	383	-1.7%
Latvia	414	440	357	314	-8.8%
Finland	119	127	97.6	247	27.6%
India	93.8	105	79.7	193	27.2%
Turkey	35.5	38.0	62.3	82.2	32.3%
United Kingdom	204	648	72.2	15.9	-57.3%
Others	267	199	183	3,165	128.0%
Total	4,233	4,644	2,880	5,200	7.1%

Top Suppliers of Iron or Steel Leaf-Spring to Denmark in 2022:

Finland (144.0 tons)
India (87.4 tons)
Germany (56.3 tons)
China (44.4 tons)
Sweden (43.5 tons)
Turkey (21.0 tons)
Latvia (9.4 tons)
United Kingdom (0.9 tons)

Exports of Iron or Steel Leaf-Spring in Denmark

After two years of decline, overseas shipments of iron or steel leaf-springs and leaves increased by 200% to 84 tons in 2022. Overall, exports, however, saw a deep contraction.

In value terms, iron or steel leaf-spring exports skyrocketed to $3.6M in 2022. Over the period under review, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Iron or Steel Leaf-Spring in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	104	67.4	47.9	249	33.8%
Hungary	323	237	69.0	243	-9.1%
Germany	203	200	94.1	229	4.1%
Thailand	28.9	7.5	61.6	155	75.0%
Sweden	401	679	474	108	-35.4%
Switzerland	34.3	56.2	1.9	59.6	20.2%
Austria	3.4	3.6	5.4	49.4	144.0%
Poland	211	134	129	36.5	-44.3%
United States	38.5	41.3	6.0	33.4	-4.6%
Lithuania	5.3	4.8	6.5	29.5	77.2%
Czech Republic	525	342	138	24.5	-64.0%
Slovakia	24.2	18.4	4.4	9.7	-26.3%
United Kingdom	162	80.3	7.9	6.5	-65.8%
Others	505	526	194	2,320	66.2%
Total	2,568	2,397	1,240	3,554	11.4%

Top Export Markets for Iron or Steel Leaf-Spring from Denmark in 2022:

Germany (8.2 tons)
Norway (7.0 tons)
Sweden (3.4 tons)
Hungary (2.0 tons)
Thailand (1.9 tons)
Czech Republic (1.2 tons)
Austria (0.8 tons)
United States (0.6 tons)
Poland (0.6 tons)
Switzerland (0.6 tons)
Lithuania (0.5 tons)
Slovakia (0.5 tons)
United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel leaf-spring 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 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023