Denmark - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights

Denmark: Pig Iron Market Overview 2019

Pig Iron Market Size in Denmark

The revenue of the pig iron market in Denmark amounted to $X in 2017, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, pig iron consumption continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the pig iron market attained its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Pig Iron Exports from Denmark

In 2017, the amount of pig iron and spiegeleisen exported from Denmark amounted to X tonnes, lowering by -X% against the previous year. Overall, pig iron exports continue to indicate a drastic slump. The pace of growth appeared the most rapid in 2012, when exports increased by X% year-to-year. In that year, the pig iron exports reached their peak volume of X tonnes. From 2013 to 2017, growth of the pig iron exports stood at a somewhat lower level.

In value terms, pig iron exports totaled $X in 2017. Overall, pig iron exports continue to indicate an abrupt descent. The exports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Pig Iron Exports by Country from Denmark

The U.S. (X tonnes) was the main destination of pig iron exports from Denmark, with a X% share of total exports. Moreover, pig iron exports to the U.S. exceeded the volume sent to the second major destination, the UK (X tonnes), threefold. The third position in this ranking was occupied by Ireland (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Ireland (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for pig iron exports from Denmark, making up X% of total pig iron exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2007 to 2017, the average annual growth rate of value to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and the UK (-X% per year).

Pig Iron Export Prices by Country in Denmark

The average pig iron export price stood at $X per tonne in 2017, increasing by X% against the previous year. In general, pig iron export price continues to indicate a significant slump. The growth pace was the most rapid in 2017, when the average export prices increased by X% y-o-y. Over the period under review, the average export prices for pig iron and spiegeleisen reached its maximum level of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Norway ($X per kg), while average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Norway (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Pig Iron Imports into Denmark

Pig iron imports into Denmark amounted to X tonnes in 2017, dropping by -X% against the previous year. In general, pig iron imports continue to indicate a deep reduction. The growth pace was the most rapid in 2011, when imports increased by X% year-to-year. The imports peaked of X tonnes in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, pig iron imports amounted to $X in 2017. In general, pig iron imports continue to indicate a deep deduction. The imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Pig Iron Imports by Country into Denmark

Norway (X tonnes), Russia (X tonnes) and Germany (X tonnes) were the main suppliers of pig iron imports to Denmark.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Austria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Russia ($X) and Germany ($X) appeared to be the largest pig iron suppliers to Denmark.

Among the main suppliers, Austria (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Pig Iron Import Prices by Country in Denmark

In 2017, the average pig iron import price amounted to $X per tonne, coming up by X% against the previous year. In general, pig iron import price continues to indicate a deep contraction. The growth pace was the most rapid in 2008, when the average import prices increased by X% y-o-y. In that year, the average import prices for pig iron and spiegeleisen attained their peak level of $X per tonne. From 2009 to 2017, growth of the average import prices for pig iron and spiegeleisen failed to regain its momentum.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Brazil ($X per tonne), while prices for pig iron imports from Germany ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), the import prices for other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform