Denmark: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Denmark

The Danish copper pipe and fitting market surged to $X in 2021, growing by 24% against the previous year. The market value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Copper Tubes, Pipes And Fitting in Denmark

In value terms, copper pipe and fitting production surged to $X in 2021 estimated in export price. Overall, production posted a buoyant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Copper Tubes, Pipes And Fitting

Exports from Denmark

In 2021, shipments abroad of copper tubes, pipes and fitting decreased by -17.9% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 29% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, copper pipe and fitting exports surged to $X in 2021. The total export value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 27% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Sweden (X tons), Norway (X tons) and Germany (X tons) were the main destinations of copper pipe and fitting exports from Denmark, together accounting for 43% of total exports. The UK, the Netherlands, Faroe Islands, Poland, China, Finland, Italy, Iceland, Russia and the United States lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +22.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for copper pipe and fitting exported from Denmark were Sweden ($X), Norway ($X) and Germany ($X), with a combined 35% share of total exports. These countries were followed by the UK, the Netherlands, China, Poland, the United States, Italy, Russia, Finland, Iceland and Faroe Islands, which together accounted for a further 31%.

Among the main countries of destination, the United States, with a CAGR of +20.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average copper pipe and fitting export price amounted to $X per ton, jumping by 47% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. 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 the United States ($X per ton), while the average price for exports to Faroe Islands ($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 China (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Denmark

In 2021, purchases abroad of copper tubes, pipes and fitting decreased by -0.4% to X tons for the first time since 2017, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by 19% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then shrank in the following year.

In value terms, copper pipe and fitting imports soared to $X in 2021. In general, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.3% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest copper pipe and fitting supplier to Denmark, accounting for a 30% share of total imports. Moreover, copper pipe and fitting imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.4% per year) and Italy (-0.1% per year).

In value terms, Germany ($X) constituted the largest supplier of copper tubes, pipes and fitting to Denmark, comprising 33% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.7% per year) and China (+11.6% per year).

Import Prices by Country

The average copper pipe and fitting import price stood at $X per ton in 2021, surging by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Austria ($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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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