Report Update Feb 1, 2025

Denmark - Copper - Market Analysis, Forecast, Size, Trends and Insights

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Denmark: Copper Market 2025

Copper Market Size in Denmark

The Danish copper market skyrocketed to $X in 2022, with an increase of 103% against the previous year. In general, consumption saw a prominent expansion. Copper consumption peaked in 2022 and is expected to retain growth in years to come.

Copper Production in Denmark

In value terms, copper production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 13% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Copper Exports

Exports from Denmark

In 2022, overseas shipments of copper increased by 39% to X tons, rising for the second year in a row after two years of decline. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 3,212% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, copper exports declined markedly to $X in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 2,832%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for copper exports from Denmark, with a 52% share of total exports. Moreover, copper exports to Spain exceeded the volume sent to the second major destination, Faroe Islands (X kg), fourfold. Iceland (X kg) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at +244.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Faroe Islands (-2.5% per year) and Iceland (0.0% per year).

In value terms, the largest markets for copper exported from Denmark were Faroe Islands ($X), Spain ($X) and Singapore ($X), together comprising 61% of total exports.

Spain, with a CAGR of +54.6%, saw 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 copper export price stood at $X per ton in 2022, declining by -52.1% against the previous year. Over the period under review, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 115% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Spain ($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 (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Imports

Imports into Denmark

In 2022, copper imports into Denmark skyrocketed to X tons, rising by 123% on 2021. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 13,600% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, copper imports surged to $X in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 9,259%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the UK (X tons) constituted the largest copper supplier to Denmark, accounting for a 83% share of total imports. Moreover, copper imports from the UK exceeded the figures recorded by the second-largest supplier, Norway (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled +67.5%.

In value terms, the UK ($X) constituted the largest supplier of copper to Denmark, comprising 85% of total imports. The second position in the ranking was held by Norway ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK stood at +69.0%.

Import Prices by Country

The average copper import price stood at $X per ton in 2022, rising by 9.6% against the previous year. Over the period under review, the import price posted resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 212% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Norway amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for copper in the world?

Chile constituted the country with the largest volume of copper consumption, accounting for 25% of total volume. Moreover, copper consumption in Chile exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by Peru, with an 11% share.

What are the largest producers of copper in the world?

Chile constituted the country with the largest volume of copper production, accounting for 27% of total volume. Moreover, copper production in Chile exceeded the figures recorded by the second-largest producer, Peru, twofold. China ranked third in terms of total production with an 8% share.

What are the leading suppliers of copper to Denmark?

In value terms, the UK constituted the largest supplier of copper to Denmark, comprising 97% of total imports. The second position in the ranking was occupied by Spain, with a 3.3% share of total imports.

What are the leading importers of copper from Denmark?

In value terms, Mexico emerged as the key foreign market for copper exports from Denmark, comprising 63% of total exports. The second position in the ranking was occupied by South Korea, with a 19% share of total exports. It was followed by Singapore, with a 15% share.

What is the average export price for copper in Denmark?

The average copper export price stood at $32,226 per ton in 2021, increasing by 64% against the previous year.

What is the average import price for copper in Denmark?

In 2021, the average copper import price amounted to $30,499 per ton, with an increase of 35% against the previous year.

This report provides an in-depth analysis of the copper market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24441200 - Unrefined copper, copper anodes for electrolytic refining (including blister copper) (excluding electrocopper-plating, e lectroplating anodes)

Country coverage:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024