Denmark: Aluminium Bar Market Overview 2021

Aluminium Bar Market Size in Denmark

The Danish aluminium bar market surged to $X in 2019, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Aluminium Bar Production in Denmark

In value terms, aluminium bar production dropped slightly to $X in 2019 estimated in export prices. In general, production, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Aluminium bar production peaked at $X in 2007; however, from 2008 to 2019, production failed to regain the momentum.

Aluminium Bar Exports

Exports from Denmark

In 2019, shipments abroad of aluminium bars, rods and profiles decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, aluminium bar exports fell to $X in 2019. Overall, total exports indicated a noticeable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a lower figure.

Exports by Country

Germany (X tonnes), Poland (X tonnes) and Sweden (X tonnes) were the main destinations of aluminium bar exports from Denmark, together accounting for X% of total exports. These countries were followed by the Czech Republic, Italy, Norway, France, Slovakia, the U.S., Spain, Finland, the UK and the Netherlands, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Sweden ($X) constituted the largest markets for aluminium bar exported from Denmark worldwide, with a combined X% share of total exports. These countries were followed by the Czech Republic, Italy, France, Norway, the U.S., Slovakia, Spain, the UK, the Netherlands and Finland, which together accounted for a further X saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average aluminium bar export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, export price indicated a pronounced increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 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% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Norway ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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

In 2019, the amount of aluminium bars, rods and profiles imported into Denmark fell to X tonnes, with a decrease of -X% compared with 2018 figures. In general, imports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, aluminium bar imports reduced to $X in 2019. Overall, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

Sweden (X tonnes), Germany (X tonnes) and Italy (X tonnes) were the main suppliers of aluminium bar imports to Denmark, with a combined X% share of total imports. These countries were followed by China, Romania, Spain, Poland, Finland, Turkey, Greece, Norway, Lithuania and the Netherlands, which together accounted for a further X 2007 to 2019, the biggest increases were in Greece (+X% per year), while purchases for 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), together accounting for X% of total imports. These countries were followed by Poland, China, Spain, Romania, Lithuania, Finland, Turkey, the Netherlands, Norway and Greece, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium bar import price stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period under review, the import price saw a slight curtailment. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Poland ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium bars, rods and profiles in the world?

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The countries with the highest volumes of aluminium bar consumption in 2019 were China (5.1M tonnes), the U.S. (2.9M tonnes) and Brazil (1.2M tonnes), together accounting for 49% of global consumption.

What are the largest producers of aluminium bars, rods and profiles in the world?

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China (6.1M tonnes) remains the largest aluminium bar producing country worldwide, comprising approx. 31% of total volume. Moreover, aluminium bar production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. Brazil (1.2M tonnes) ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of aluminium bars, rods and profiles to Denmark?

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In value terms, Germany ($36M), Sweden ($34M) and Italy ($20M) were the largest aluminium bar suppliers to Denmark, with a combined 56% share of total imports. These countries were followed by Poland, China, Spain, Romania, Lithuania, Finland, Turkey, the Netherlands, Norway and Greece, which together accounted for a further 35%.

What are the leading importers of aluminium bars, rods and profiles from Denmark?

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In value terms, Germany ($33M), Poland ($24M) and Sweden ($23M) were the largest markets for aluminium bar exported from Denmark worldwide, together accounting for 39% of total exports. The Czech Republic, Italy, France, Norway, the U.S., Slovakia, Spain, the UK, the Netherlands and Finland lagged somewhat behind, together accounting for a further 49%.

What is the average export price for aluminium bars, rods and profiles in Denmark?

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The average aluminium bar export price stood at $5,263 per tonne in 2019, with an increase of 4.2% against the previous year.

What is the average import price for aluminium bars, rods and profiles in Denmark?

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The average aluminium bar import price stood at $4,295 per tonne in 2019, reducing by -7.2% against the previous year.