Denmark: Market for Base Metal Flexible Tubing, Iron Or Steel 2025

Market Size for Base Metal Flexible Tubing, Iron Or Steel in Denmark

The Danish base metal flexible tubing market reduced sharply to $X in 2021, shrinking by -93.6% against the previous year. Overall, consumption showed a sharp shrinkage. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Base Metal Flexible Tubing, Iron Or Steel in Denmark

In value terms, base metal flexible tubing production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 26,045% against the previous year. Base metal flexible tubing production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Base Metal Flexible Tubing, Iron Or Steel

Exports from Denmark

In 2021, base metal flexible tubing exports from Denmark soared to X tons, growing by 48% compared with 2020 figures. In general, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, base metal flexible tubing exports skyrocketed to $X in 2021. Overall, total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for base metal flexible tubing exports from Denmark, with a 40% share of total exports. Moreover, base metal flexible tubing exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was taken by France (X tons), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+3.3% per year) and France (+13.0% per year).

In value terms, Germany ($X) remains the key foreign market for base metal flexible tubing, iron or steel exports from Denmark, comprising 37% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 14% share of total exports. It was followed by Sweden, with an 8% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+5.6% per year) and Sweden (+4.3% per year).

Export Prices by Country

In 2021, the average base metal flexible tubing export price amounted to $X per ton, rising by 1.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 9.5% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Sweden ($X per ton), while the average price for exports to the United States ($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 Finland (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Flexible Tubing, Iron Or Steel

Imports into Denmark

In 2021, base metal flexible tubing imports into Denmark dropped modestly to X tons, with a decrease of -2.1% compared with the previous year's figure. Over the period under review, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 82%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, base metal flexible tubing imports surged to $X in 2021. In general, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 52%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), the Czech Republic (X tons) and Poland (X tons) were the main suppliers of base metal flexible tubing imports to Denmark, with a combined 72% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +154.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), the Netherlands ($X) and Poland ($X) were the largest base metal flexible tubing suppliers to Denmark, with a combined 62% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +153.9%, saw the highest rates of growth with regard to 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

In 2021, the average base metal flexible tubing import price amounted to $X per ton, growing by 30% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :