Denmark: Aluminium Bar Market Overview 2020

Aluminium Bar Market Size in Denmark

The revenue of the aluminium bar market in Denmark amounted to $X in 2018, reducing by -X% against the previous year. In general, aluminium bar consumption continues to indicate a drastic downturn. The growth pace was the most rapid in 2015 when the market value increased by X% y-o-y. Aluminium bar consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Aluminium Bar Production in Denmark

In value terms, aluminium bar production totaled $X in 2018 estimated in export prices. Overall, aluminium bar production continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2011 when production volume increased by X% against the previous year. Aluminium bar production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Aluminium Bar Exports

Exports from Denmark

Aluminium bar exports from Denmark amounted to X tonnes in 2018, declining by -X% against the previous year. Over the period under review, aluminium bar exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. In that year, aluminium bar exports attained their peak of X tonnes. From 2017 to 2018, the growth of aluminium bar exports remained at a lower figure.

In value terms, aluminium bar exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. In that year, aluminium bar exports reached their peak of $X. From 2009 to 2018, the growth of aluminium bar exports remained at a lower figure.

Exports by Country

Germany (X tonnes), the Czech Republic (X tonnes) and Poland (X tonnes) were the main destinations of aluminium bar exports from Denmark, together accounting for X% of total exports. Sweden, Norway, France, Spain, the UK, Slovakia, Finland, Belgium and Lithuania lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belgium, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Czech Republic ($X) appeared to be the largest markets for aluminium bar exported from Denmark worldwide, together comprising X% of total exports. These countries were followed by Sweden, Norway, France, Spain, the UK, Belgium, Slovakia, Finland and Lithuania, which together accounted for a further X recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average aluminium bar export price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the export price indicated a tangible increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium bar export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. In that year, the average export prices for aluminium bars, rods and profiles attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for aluminium bars, rods and profiles remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while the average price for exports to Norway ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Bar Imports

Imports into Denmark

Aluminium bar imports into Denmark stood at X tonnes in 2018, falling by -X% against the previous year. In general, aluminium bar imports continue to indicate a measured descent. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, aluminium bar imports stood at $X in 2018. Over the period under review, aluminium bar imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, aluminium bar imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tonnes), Sweden (X tonnes) and Italy (X tonnes) were the main suppliers of aluminium bar imports to Denmark, with a combined X% share of total imports. Romania, China, Poland, Finland, the Netherlands, Spain, Lithuania, Turkey and Slovenia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium bar suppliers to Denmark were Germany ($X), Sweden ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by Romania, China, Poland, the Netherlands, Spain, Finland, Turkey, Lithuania and Slovenia, which together accounted for a further X recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average aluminium bar import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the aluminium bar import price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Spain ($X per tonne), while the price for Finland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform