Denmark: Aluminium Alloy Wire Market 2025

Aluminium Alloy Wire Market Size in Denmark

The Danish aluminium alloy wire market skyrocketed to $X in 2022, picking up by 49% 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, consumption enjoyed a prominent expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Aluminium Alloy Wire Exports

Exports from Denmark

In 2022, overseas shipments of aluminium alloy wire decreased by -25.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 208% against the previous year. As a result, the exports reached the peak of X tons, and then declined dramatically in the following year.

In value terms, aluminium alloy wire exports declined rapidly to $X in 2022. In general, exports continue to indicate a noticeable slump. The growth pace was the most rapid in 2021 when exports increased by 110%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for aluminium alloy wire exports from Denmark, with a 51% share of total exports. Moreover, aluminium alloy wire exports to the United States exceeded the volume sent to the second major destination, Ukraine (X tons), fivefold. The third position in this ranking was held by the Czech Republic (X tons), with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +251.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+53.2% per year) and the Czech Republic (+23.3% per year).

In value terms, the United States ($X), the Czech Republic ($X) and Norway ($X) constituted the largest markets for aluminium alloy wire exported from Denmark worldwide, together accounting for 61% of total exports. Greenland, France, Ukraine, the Netherlands, Sweden, Germany and the UK lagged somewhat behind, together comprising a further 26%.

Greenland, with a CAGR of +107.9%, 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

In 2022, the average aluminium alloy wire export price amounted to $X per ton, rising by 14% against the previous year. Over the period under review, the export price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 32%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greenland ($X per ton), while the average price for exports to Ukraine ($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 Greenland (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Alloy Wire Imports

Imports into Denmark

In 2022, aluminium alloy wire imports into Denmark soared to X tons, jumping by 40% on 2021 figures. In general, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 212%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aluminium alloy wire imports skyrocketed to $X in 2022. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 133% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest aluminium alloy wire supplier to Denmark, accounting for a 85% share of total imports. Moreover, aluminium alloy wire imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The Czech Republic (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +35.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.5% per year) and the Czech Republic (+146.6% per year).

In value terms, Germany ($X) constituted the largest supplier of aluminium alloy wire to Denmark, comprising 73% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an 11% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +26.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+152.3% per year) and Italy (+1.7% per year).

Import Prices by Country

In 2022, the average aluminium alloy wire import price amounted to $X per ton, with a decrease of -2.5% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 31%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, 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 Sweden ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform