Price for Railway or Tramway Track Constructions of Iron or Steel in Denmark - 2023

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Denmark (CIF) - 2023
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Denmark (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Denmark
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Denmark

Price for Railway or Tramway Track Constructions of Iron or Steel in Denmark (CIF) - 2023

In December 2023, the average import price for railway or tramway track constructions of iron or steel amounted to $2,042 per ton, declining by -8.8% against the previous month. Over the period under review, the import price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in September 2023 an increase of 1,926% against the previous month. As a result, import price attained the peak level of $25,631 per ton. From October 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Sweden ($8,364 per ton), while the price for Germany totaled $1,967 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Denmark (FOB) - 2022

In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $14,250 per ton, increasing by 17% against the previous year. In general, the export price showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 59%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($35,498 per ton), while the average price for exports to Faroe Islands ($3,606 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 Argentina (+653.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Denmark

In 2022, the amount of railway or tramway track constructions of iron or steel imported into Denmark skyrocketed to 20K tons, picking up by 32% compared with 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. As a result, imports reached the peak of 20K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of railway or tramway track constructions of iron or steel skyrocketed to $35M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +43.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Denmark in 2022:

1. Germany (15.8K tons)
2. Luxembourg (2.5K tons)
3. Sweden (0.9K tons)
4. United Kingdom (0.3K tons)
5. Poland (0.2K tons)
6. Austria (0.1K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Denmark

In 2022, overseas shipments of railway or tramway track constructions of iron or steel increased by 17% to 104 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp curtailment.

In value terms, exports of railway or tramway track constructions of iron or steel soared to $1.5M in 2022. Over the period under review, total exports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.2% 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 +64.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Denmark in 2022:

1. Norway (75.7 tons)
2. Iceland (10.4 tons)
3. Faroe Islands (7.4 tons)
4. Greenland (4.1 tons)
5. Germany (2.9 tons)
6. United Kingdom (1.7 tons)

Source: IndexBox Market Intelligence Platform