Denmark: Metal Link Chain Market 2024

Metal Link Chain Market Size in Denmark

In 2022, the Danish metal link chain market was finally on the rise to reach $X after eight years of decline. Overall, consumption, however, faced a dramatic contraction. Metal link chain consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Metal Link Chain Production in Denmark

In value terms, metal link chain production soared to $X in 2022 estimated in export price. Overall, production showed significant growth. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Metal Link Chain Exports

Exports from Denmark

In 2022, the amount of iron or steel articulated link chain exported from Denmark soared to X tons, increasing by X% against 2021. Over the period under review, exports recorded a measured increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, metal link chain exports soared to $X in 2022. In general, exports showed a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for metal link chain exports from Denmark, accounting for a X% share of total exports. Moreover, metal link chain exports to Sweden exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was held by the Czech Republic (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the Czech Republic (X% per year).

In value terms, the UK ($X), the Czech Republic ($X) and the United States ($X) constituted the largest markets for metal link chain exported from Denmark worldwide, with a combined X% share of total exports. Sweden, Poland, China, South Africa, Canada, Spain, the Netherlands, Latvia, Australia and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Australia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal link chain export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated a perceptible 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, metal link chain export price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Belgium ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Link Chain Imports

Imports into Denmark

In 2022, purchases abroad of iron or steel articulated link chain increased by X% to X tons for the first time since 2015, thus ending a six-year declining trend. Over the period under review, imports, however, recorded a mild reduction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, metal link chain imports surged to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Italy (X tons) and Finland (X tons) were the main suppliers of metal link chain imports to Denmark, together comprising X% of total imports. Germany, Belgium and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal link chain suppliers to Denmark were Italy ($X), Germany ($X) and China ($X), together comprising X% of total imports. Finland, Belgium and France lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 metal link chain import price stood at $X per ton in 2022, rising by X% against the previous year. In general, import price indicated a perceptible 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, metal link chain import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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