Denmark: Market for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Non-Stainless Steel 2024

Market Size for Seamless Casing, Tubing and Drill Oil or Gas Pipes of Non-Stainless Steel in Denmark

The Danish market for seamless casing, tubing and drill oil or gas pipes of non-stainless steel surged to $X in 2023, with an increase of X% against the previous year. In general, consumption posted a modest expansion. Consumption of peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Production of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Non-Stainless Steel in Denmark

In value terms, production of seamless casing, tubing and drill oil or gas pipes of non-stainless steel declined sharply to $X in 2023 estimated in export price. Overall, production continues to indicate a significant curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2023, production of growth failed to regain momentum.

Exports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Non-Stainless Steel

Exports from Denmark

In 2023, after two years of growth, there was significant decline in overseas shipments of seamless casing, tubing and drill oil or gas pipes of non-stainless steel, when their volume decreased by X% to X tons. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of seamless casing, tubing and drill oil or gas pipes of non-stainless steel fell rapidly to $X in 2023. In general, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

France (X tons), the UK (X tons) and Switzerland (X tons) were the main destinations of exports of seamless casing, tubing and drill oil or gas pipes of non-stainless steel from Denmark, together comprising X% of total exports. Sweden, the United States, South Korea and Norway lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) emerged as the key foreign market for seamless casing, tubing and drill oil or gas pipes of non-stainless steel exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Switzerland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and France (X% per year).

Export Prices by Country

In 2023, the average export price for seamless casing, tubing and drill oil or gas pipes of non-stainless steel amounted to $X per ton, declining by X% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Seamless Casing, Tubing and Drill Oil or Gas Pipes of Non-Stainless Steel

Imports into Denmark

In 2023, purchases abroad of seamless casing, tubing and drill oil or gas pipes of non-stainless steel increased by X% to X tons, rising for the fourth year in a row after five years of decline. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of hit record highs at X tons in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, imports of seamless casing, tubing and drill oil or gas pipes of non-stainless steel soared to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of reached the maximum at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Mexico (X tons) constituted the largest supplier of seamless casing, tubing and drill oil or gas pipe of non-stainless steel to Denmark, with a X% share of total imports. Moreover, imports of seamless casing, tubing and drill oil or gas pipes of non-stainless steel from Mexico exceeded the figures recorded by the second-largest supplier, Argentina (X tons), sixfold. The third position in this ranking was taken by the United States (X tons), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and the United States (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of seamless casing, tubing and drill oil or gas pipes of non-stainless steel to Denmark, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Mexico amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2023, the average import price for seamless casing, tubing and drill oil or gas pipes of non-stainless steel amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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