Denmark: Flat-Rolled Steel Products Market 2025

Flat-Rolled Steel Products Market Size in Denmark

The Danish flat-rolled steel products market expanded notably to $X in 2021, rising by 11% against the previous year. In general, consumption, however, recorded a abrupt shrinkage. Flat-rolled steel products consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Flat-Rolled Steel Products Production in Denmark

In value terms, flat-rolled steel products production soared to $X in 2021 estimated in export price. Over the period under review, production, however, showed a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 443% against the previous year. Flat-rolled steel products production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Flat-Rolled Steel Products Exports

Exports from Denmark

In 2021, approx. X tons of flat-rolled products of iron or non-alloy steel were exported from Denmark; falling by -34.2% on the year before. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 91% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, flat-rolled steel products exports skyrocketed to $X in 2021. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 when exports increased by 91% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of flat-rolled steel products exports from Denmark, together accounting for 82% of total exports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +83.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Sweden ($X) remains the key foreign market for flat-rolled products of iron or non-alloy steel exports from Denmark, comprising 64% of total exports. The second position in the ranking was held by Germany ($X), with a 17% share of total exports. It was followed by Belgium, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value to Sweden stood at -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+54.9% per year) and Belgium (-13.2% per year).

Export Prices by Country

The average flat-rolled steel products export price stood at $X per ton in 2021, jumping by 85% against the previous year. In general, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Belgium ($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 (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Flat-Rolled Steel Products Imports

Imports into Denmark

In 2021, flat-rolled steel products imports into Denmark dropped modestly to X tons, waning by -2.1% compared with 2020 figures. Overall, imports showed a noticeable decline. The growth pace was the most rapid in 2019 when imports increased by 10% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, flat-rolled steel products imports expanded significantly to $X in 2021. Over the period under review, imports showed a abrupt curtailment. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Slovakia (X tons) and China (X tons) were the main suppliers of flat-rolled steel products imports to Denmark, with a combined 93% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +59.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flat-rolled steel products suppliers to Denmark were France ($X), Slovakia ($X) and China ($X), with a combined 92% share of total imports.

China, with a CAGR of +54.5%, recorded 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

In 2021, the average flat-rolled steel products import price amounted to $X per ton, rising by 12% against the previous year. In general, the import price, however, saw a mild slump. The most prominent rate of growth was recorded in 2017 an increase of 12%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :