Denmark: Stainless Steel Angle Market 2025

Stainless Steel Angle Market Size in Denmark

In 2021, the Danish stainless steel angle market decreased by -13.7% to $X, falling for the second year in a row after three years of growth. In general, consumption saw a noticeable decline. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Stainless Steel Angle Production in Denmark

In value terms, stainless steel angle production soared to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 23% against the previous year. Stainless steel angle production peaked in 2021 and is expected to retain growth in the immediate term.

Stainless Steel Angle Exports

Exports from Denmark

After three years of growth, overseas shipments of angles, shapes and sections of stainless steel or other alloy steel decreased by -13% to X tons in 2021. Over the period under review, exports recorded a pronounced setback. The pace of growth was the most pronounced in 2019 with an increase of 22%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, stainless steel angle exports contracted modestly to $X in 2021. In general, exports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2019 when exports increased by 28%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Sweden (X tons) and Indonesia (X tons) were the main destinations of stainless steel angle exports from Denmark, together comprising 39% of total exports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +242.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and Canada ($X) were the largest markets for stainless steel angle exported from Denmark worldwide, together comprising 46% of total exports. France, Sweden, Austria, the United States, the Netherlands, Norway, Indonesia, Finland, the Czech Republic and Iceland lagged somewhat behind, together comprising a further 39%.

Indonesia, with a CAGR of +122.5%, recorded the highest growth rate of the value of exports, among 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 stainless steel angle export price stood at $X per ton in 2021, increasing by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Indonesia ($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 Sweden (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Stainless Steel Angle Imports

Imports into Denmark

In 2021, the amount of angles, shapes and sections of stainless steel or other alloy steel imported into Denmark totaled X tons, increasing by 3.1% compared with the year before. Over the period under review, imports, however, recorded a perceptible decrease. The growth pace was the most rapid in 2018 with an increase of 23%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, stainless steel angle imports contracted to $X in 2021. In general, imports, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 27%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest stainless steel angle supplier to Denmark, with a 48% share of total imports. Moreover, stainless steel angle imports from Sweden exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+7.7% per year) and the Netherlands (+45.7% per year).

In value terms, Sweden ($X) constituted the largest supplier of angles, shapes and sections of stainless steel or other alloy steel to Denmark, comprising 37% of total imports. The second position in the ranking was taken by India ($X), with an 18% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Sweden totaled -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.8% per year) and Germany (-0.9% per year).

Import Prices by Country

In 2021, the average stainless steel angle import price amounted to $X per ton, dropping by -10.1% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 12% against the previous year. The import price peaked at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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