Report Update: May 1, 2024

Denmark - Welded And Cold-Formed Sections Of Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Welded and Cold-Formed Steel Sections in Denmark - 2023

Price for Welded and Cold-Formed Steel Sections in Denmark (CIF) - 2023

The average import price for welded and cold-formed sections of steel stood at $6,316 per ton in June 2023, picking up by 8.3% against the previous month. In general, the import price showed prominent growth. The growth pace was the most rapid in February 2023 an increase of 85% m-o-m. Over the period under review, average import prices attained the peak figure in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Switzerland ($10,420 per ton), while the price for Germany ($5,756 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Welded and Cold-Formed Steel Sections in Denmark (FOB) - 2022

The average export price for welded and cold-formed sections of steel stood at $5,527 per ton in 2022, picking up by 18% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, welded and cold-formed steel sections export price increased by +12.8% against 2019 indices. The growth pace was the most rapid in 2014 when the average export price increased by 58%. As a result, the export price attained the peak level of $8,670 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($32,303 per ton), while the average price for exports to Brazil ($3,141 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 Mexico (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded and Cold-Formed Steel Sections in Denmark

In 2022, purchases abroad of welded and cold-formed sections of steel was finally on the rise to reach 8.9K tons after two years of decline. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. 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.

In value terms, welded and cold-formed steel sections imports surged to $24M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Welded and Cold-Formed Steel Sections in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	12.4	12.3	13.9	17.4	12.0%
Latvia	2.2	2.2	0.6	1.5	-12.0%
Germany	0.4	0.2	1.4	1.5	55.4%
Spain	N/A	N/A	0.2	0.8	300.0%
Luxembourg	N/A	N/A	0.3	0.4	33.3%
Others	1.0	0.8	1.1	2.1	28.1%
Total	15.9	15.5	17.5	23.6	14.1%

Top Suppliers of Welded and Cold-Formed Steel Sections to Denmark in 2022:

Poland (7.1K tons)
Germany (0.8K tons)
Luxembourg (0.3K tons)
Latvia (0.3K tons)
Spain (0.1K tons)

Exports of Welded and Cold-Formed Steel Sections in Denmark

After three years of growth, shipments abroad of welded and cold-formed sections of steel decreased by -35.2% to 1.5K tons in 2022. Over the period under review, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, the exports reached the peak of 2.3K tons, and then declined notably in the following year.

In value terms, welded and cold-formed steel sections exports dropped rapidly to $8.1M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +28.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of $11M, and then reduced remarkably in the following year.

Export of Welded and Cold-Formed Steel Sections in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	55.1	313	421	1,459	198.1%
Poland	919	1,964	3,659	1,250	10.8%
Brazil	N/A	337	1,584	922	65.4%
United States	236	301	3.0	865	54.2%
Slovakia	98.7	160	0.2	835	103.8%
Finland	12.6	8.7	393	684	278.6%
Spain	332	19.3	28.5	625	23.5%
France	48.7	37.8	51.0	491	116.0%
Czech Republic	485	726	727	254	-19.4%
Greenland	98.8	14.6	19.6	182	22.6%
Norway	71.7	392	14.1	111	15.7%
Latvia	804	594	840	1.1	-88.9%
Brunei Darussalam	982	N/A	N/A	N/A	0%
Others	2,196	3,009	2,894	464	-40.4%
Total	6,340	7,876	10,635	8,143	8.7%

Top Export Markets for Welded and Cold-Formed Steel Sections from Denmark in 2022:

Germany (360.8 tons)
Poland (355.4 tons)
Brazil (293.6 tons)
Finland (156.1 tons)
Spain (63.3 tons)
Slovakia (51.9 tons)
France (36.7 tons)
Norway (32.3 tons)
Czech Republic (29.9 tons)
Greenland (27.8 tons)
United States (26.8 tons)
Latvia (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for welded and cold-formed steel sections 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 24107420 - Welded and cold-formed sections (of steel)
Prodcom 2410T260 - Welded sections

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