Denmark: Market for Copper Bars, Wire And Plates 2024

Market Size for Copper Bars, Wire And Plates in Denmark

In 2022, the Danish market for copper bars, wire and plates decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Production of Copper Bars, Wire And Plates in Denmark

In value terms, copper bars, wire and plates production soared to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Copper bars, wire and plates production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Copper Bars, Wire And Plates

Exports from Denmark

In 2022, approx. X tons of copper bars, wire and plates were exported from Denmark; waning by X% on the previous year's figure. Overall, total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, copper bars, wire and plates exports totaled $X in 2022. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Sweden (X tons), Germany (X tons) and Norway (X tons) were the main destinations of copper bars, wire and plates exports from Denmark, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for copper bars, wire and plates exported from Denmark were Sweden ($X), Germany ($X) and Norway ($X), with a combined X% share of total exports.

Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

The average export price for copper bars, wire and plates stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper bars, wire and plates export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

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 Hungary ($X per ton), while the average price for exports to Finland ($X 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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bars, Wire And Plates

Imports into Denmark

In 2022, after two years of growth, there was significant decline in supplies from abroad of copper bars, wire and plates, when their volume decreased by X% to X tons. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then dropped rapidly in the following year.

In value terms, copper bars, wire and plates imports dropped to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Germany (X tons), Sweden (X tons) and France (X tons) were the main suppliers of copper bars, wire and plates imports to Denmark, together comprising X% of total imports. Italy, Poland, Bulgaria, Turkey, Finland and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of copper bars, wire and plates to Denmark, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and France (X% per year).

Import Prices by Country

The average import price for copper bars, wire and plates stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper bars, wire and plates import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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