Denmark: Overview of the Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2021

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in Denmark

The Danish market for railway or tramway track construction material of iron or steel surged to $X in 2020, rising by X% against the previous year. In general, consumption, however, recorded a slight slump. The pace of growth was the most pronounced in 2016 when the market value increased by X% y-o-y. Consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in Denmark

In value terms, production of railway or tramway track construction material of iron or steel contracted to $X in 2020 estimated in export prices. Overall, production recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from Denmark

In 2020, overseas shipments of railway or tramway track construction material of iron or steel decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, exports of railway or tramway track construction material of iron or steel shrank markedly to $X in 2020. In general, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Norway (X tonnes), Faroe Islands (X tonnes) and Switzerland (X tonnes) were the main destinations of exports of railway or tramway track construction material of iron or steel from Denmark, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Switzerland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron and steel railway construction materials exported from Denmark were Norway ($X), Switzerland ($X) and Sweden ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Switzerland saw 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

In 2020, the average export price for railway or tramway track construction material of iron or steel amounted to $X per tonne, waning by -X% against the previous year. Overall, the export price, however, showed a slight increase. The growth pace was the most rapid in 2018 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced a decline.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into Denmark

In 2020, imports of railway or tramway track construction material of iron or steel into Denmark skyrocketed to X tonnes, picking up by X% against the year before. Over the period under review, imports, however, recorded a slight descent. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, imports of railway or tramway track construction material of iron or steel rose sharply to $X in 2020. Overall, imports, however, showed a mild curtailment. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of iron and steel railway construction materials to Denmark, accounting for a X% share of total imports. Moreover, imports of railway or tramway track construction material of iron or steel from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), ninefold. Luxembourg (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Luxembourg (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of iron and steel railway construction materials to Denmark, comprising X% of total imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and the UK (-X% per year).

Import Prices by Country

The average import price for railway or tramway track construction material of iron or steel stood at $X per tonne in 2020, declining by -X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway track construction material of iron or steel in the world?

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China (6M tonnes) remains the largest iron and steel railway construction materials consuming country worldwide, accounting for 33% of total volume. Moreover, consumption of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest consumer, Russia (1.3M tonnes), fivefold. The U.S. (1.2M tonnes) ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of railway or tramway track construction material of iron or steel in the world?

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China (6.3M tonnes) remains the largest iron and steel railway construction materials producing country worldwide, accounting for 34% of total volume. Moreover, production of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest producer, Russia (1.5M tonnes), fourfold. The U.S. (1.3M tonnes) ranked third in terms of total production with a 6.7% share.

What are the leading suppliers of railway or tramway track construction material of iron or steel to Denmark?

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In value terms, Germany ($14M) constituted the largest supplier of iron and steel railway construction materials to Denmark, comprising 53% of total imports. The second position in the ranking was occupied by Sweden ($5.8M), with a 22% share of total imports. It was followed by the UK, with a 10% share.

What are the leading importers of railway or tramway track construction material of iron or steel from Denmark?

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In value terms, Norway ($396K), Switzerland ($344K) and Sweden ($52K) were the largest markets for iron and steel railway construction materials exported from Denmark worldwide, with a combined 85% share of total exports.

What is the average export price for railway or tramway track construction material of iron or steel in Denmark?

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In 2020, the average export price for railway or tramway track construction material of iron or steel amounted to $4,566 per tonne, dropping by -8.8% against the previous year.

What is the average import price for railway or tramway track construction material of iron or steel in Denmark?

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The average import price for railway or tramway track construction material of iron or steel stood at $1,195 per tonne in 2020, with a decrease of -22.3% against the previous year.