Denmark: Iron Angle Market 2025

Iron Angle Market Size in Denmark

The Danish iron angle market skyrocketed to $X in 2021, picking up by 50% against the previous year. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +63.1% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Iron Angle Production in Denmark

In value terms, iron angle production soared to $X in 2021 estimated in export price. In general, production showed a pronounced increase. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Iron Angle Exports

Exports from Denmark

Iron angle exports from Denmark declined to X tons in 2021, with a decrease of -14% against the previous year's figure. Overall, exports showed a mild shrinkage. The growth pace was the most rapid in 2016 when exports increased by 25% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, iron angle exports surged to $X in 2021. The total export value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Sweden (X tons) and Norway (X tons) were the main destinations of iron angle exports from Denmark, together comprising 84% of total exports. These countries were followed by Poland and Faroe Islands, which together accounted for a further 7.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Faroe Islands (with a CAGR of +24.5%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and Norway ($X) constituted the largest markets for iron angle exported from Denmark worldwide, with a combined 84% share of total exports. Faroe Islands and Poland lagged somewhat behind, together comprising a further 7.4%.

Faroe Islands, with a CAGR of +19.9%, 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

The average iron angle export price stood at $X per ton in 2021, picking up by 49% against the previous year. Overall, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Angle Imports

Imports into Denmark

In 2021, overseas purchases of angles, shapes and sections (of iron or non-alloy steel) increased by 5.4% to X tons, rising for the second consecutive year after three years of decline. In general, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +15.3% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 25%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, iron angle imports soared to $X in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Spain (X tons) and Luxembourg (X tons) were the main suppliers of iron angle imports to Denmark, together accounting for 80% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +41.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron angle suppliers to Denmark were Germany ($X), Spain ($X) and Luxembourg ($X), together comprising 78% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +45.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron angle import price stood at $X per ton in 2021, picking up by 58% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Finland ($X per ton) and Italy ($X per ton), while the price for France ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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