Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark (FOB) - 2023
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark (CIF) - 2023
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark (FOB) - 2023
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $20,870 per ton in August 2023, picking up by 42% against the previous month. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 68% m-o-m. Over the period under review, the average export prices reached the peak figure in August 2023.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was India ($656K per ton), while the average price for exports to Iceland ($7,442 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+142.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark (CIF) - 2023
In August 2023, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $10,953 per ton, with an increase of 6.7% against the previous month. Overall, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in May 2023 an increase of 55% against the previous month. As a result, import price reached the peak level of $19,005 per ton. From June 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Russia ($12,359 per ton), while the price for Vietnam ($6,175 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark
In 2022, overseas shipments of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were finally on the rise to reach 3.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt slump.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $23M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +51.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.2 | 5.1 | 7.2 | 10.8 | 27.6% |
| Netherlands | 1.7 | 1.4 | 1.8 | 2.5 | 13.7% |
| Poland | 4.6 | 4.2 | 2.7 | 2.3 | -20.6% |
| France | 0.8 | 0.8 | 1.4 | 2.2 | 40.1% |
| Sweden | 0.7 | 0.6 | 1.1 | 1.1 | 16.3% |
| Finland | 0.4 | 0.4 | 0.7 | 0.6 | 14.5% |
| Austria | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 2.4 | 2.8 | 2.5 | 3.5 | 13.4% |
| Total | 16.1 | 15.5 | 17.8 | 23.4 | 13.3% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Denmark in 2022:
- Germany (1112.2 tons)
- France (847.2 tons)
- Poland (458.6 tons)
- Netherlands (344.3 tons)
- Finland (164.2 tons)
- Sweden (132.5 tons)
- Austria (103.7 tons)
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark
In 2022, supplies from abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia increased by 14% to 2.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp setback.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $23M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.3 | 5.3 | 5.7 | 6.4 | 40.7% |
| India | 2.4 | 1.3 | 0.8 | 4.3 | 21.5% |
| Germany | 7.5 | 4.1 | 3.4 | 4.1 | -18.2% |
| Poland | N/A | N/A | 0.3 | 1.4 | 366.7% |
| Taiwan (Chinese) | 0.9 | 1.2 | 3.1 | 1.3 | 13.0% |
| France | 0.4 | 0.3 | 0.8 | 1.0 | 35.7% |
| Netherlands | 1.1 | 1.0 | 0.8 | 0.8 | -10.1% |
| Italy | 1.1 | 0.9 | 1.1 | 0.5 | -23.1% |
| Others | 1.8 | 2.3 | 2.3 | 3.0 | 18.6% |
| Total | 17.6 | 16.5 | 18.3 | 22.9 | 9.2% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Denmark in 2022:
- Sweden (549.9 tons)
- India (496.9 tons)
- Germany (362.1 tons)
- Taiwan (Chinese) (186.9 tons)
- Poland (157.2 tons)
- France (108.8 tons)
- Netherlands (65.4 tons)
- Italy (23.9 tons)
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