Denmark: Bridge Market 2025

Bridge Market Size in Denmark

The Danish bridge market amounted to $X in 2021, rising by 3.4% against the previous year. Overall, consumption recorded prominent growth. Bridge consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Bridge Production in Denmark

In value terms, bridge production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2013 with an increase of 108%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Bridge Exports

Exports from Denmark

In 2021, overseas shipments of bridges, bridge sections, towers and lattice masts (of iron or steel) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 76%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, bridge exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2016 when exports increased by 79% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), the UK (X tons) and Norway (X tons) were the main destinations of bridge exports from Denmark, together comprising 76% of total exports. These countries were followed by Germany, Angola, Ukraine and Sweden, which together accounted for a further 4.7%.

From 2012 to 2021, the biggest increases were recorded for Angola (with a CAGR of +1,802.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the UK ($X) and Angola ($X) constituted the largest markets for bridge exported from Denmark worldwide, with a combined 79% share of total exports.

Angola, with a CAGR of +2,354.1%, recorded the highest rates of growth with regard to 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 bridge export price stood at $X per ton in 2021, declining by -12.9% against the previous year. Over the period under review, the export price saw a mild shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 40%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Germany ($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 Angola (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bridge Imports

Imports into Denmark

In 2021, imports of bridges, bridge sections, towers and lattice masts (of iron or steel) into Denmark shrank to X tons, waning by -8.5% on 2020 figures. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 171%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, bridge imports shrank to $X in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 94%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest supplier of bridge to Denmark, with a 40% share of total imports. Moreover, bridge imports from Vietnam exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. China (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Vietnam stood at +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-10.1% per year) and China (+8.9% per year).

In value terms, the largest bridge suppliers to Denmark were Vietnam ($X), South Korea ($X) and China ($X), with a combined 64% share of total imports. Spain, Germany, India, Portugal and Poland lagged somewhat behind, together comprising a further 25%.

India, with a CAGR of +56.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bridge import price stood at $X per ton in 2021, shrinking by -5.6% against the previous year. Over the period under review, the import price continues to indicate a mild descent. The pace of growth was the most pronounced in 2018 an increase of 245% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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 ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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