Report Update Feb 1, 2025

Denmark - Hot-Rolled Bars in Free-Cutting Steels - Market Analysis, Forecast, Size, Trends and Insights

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Denmark: Hot-Rolled Free-Cutting Steel Market 2025

Hot-Rolled Free-Cutting Steel Market Size in Denmark

The Danish hot-rolled free-cutting steel market soared to $X in 2021, picking up by 1,885% against the previous year. Over the period under review, consumption, however, continues to indicate a precipitous slump. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Hot-Rolled Free-Cutting Steel Production in Denmark

In value terms, hot-rolled free-cutting steel production reduced dramatically to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by 48% against the previous year. As a result, production reached the peak level of $X, and then shrank markedly in the following year.

Hot-Rolled Free-Cutting Steel Exports

Exports from Denmark

For the third consecutive year, Denmark recorded decline in shipments abroad of hot-rolled bars in free-cutting steels, which decreased by -34.7% to X tons in 2021. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 649%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, hot-rolled free-cutting steel exports rose significantly to $X in 2021. Over the period under review, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by 707%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Iceland (X tons) was the main destination for hot-rolled free-cutting steel exports from Denmark, with a 74% share of total exports. Moreover, hot-rolled free-cutting steel exports to Iceland exceeded the volume sent to the second major destination, Norway (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Iceland amounted to +28.8%.

In value terms, Iceland ($X) emerged as the key foreign market for hot-rolled bars in free-cutting steels exports from Denmark, comprising 68% of total exports. The second position in the ranking was taken by Norway ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Iceland stood at +45.1%.

Export Prices by Country

The average hot-rolled free-cutting steel export price stood at $X per ton in 2021, picking up by 66% against the previous year. In general, the export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 192% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Iceland ($X per ton), while the average price for exports to Norway totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Rolled Free-Cutting Steel Imports

Imports into Denmark

In 2021, approx. X tons of hot-rolled bars in free-cutting steels were imported into Denmark; jumping by 204% against the previous year's figure. In general, imports, however, continue to indicate a precipitous decrease. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, hot-rolled free-cutting steel imports surged to $X in 2021. Overall, imports, however, recorded a sharp decrease. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) was the main supplier of hot-rolled free-cutting steel to Denmark, with a 99% share of total imports. It was followed by France (X kg), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +48.2%.

In value terms, Italy ($X) constituted the largest supplier of hot-rolled bars in free-cutting steels to Denmark, comprising 82% of total imports. The second position in the ranking was taken by France ($X), with a 0.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +60.1%.

Import Prices by Country

In 2021, the average hot-rolled free-cutting steel import price amounted to $X per ton, jumping by 107% against the previous year. Overall, the import price showed a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Italy amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+43.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in free-cutting steels in the world?

The countries with the highest volumes of hot-rolled free-cutting steel consumption in 2020 were the UK, Japan and Italy, together accounting for 48% of global consumption. These countries were followed by Taiwan Chinese), France, Switzerland, the United States, Argentina, India, Algeria, Bahrain and Turkey, which together accounted for a further 38%.

What are the largest producers of hot-rolled bars in free-cutting steels in the world?

The countries with the highest volumes of hot-rolled free-cutting steel production in 2020 were the UK, Japan and Taiwan Chinese), with a combined 45% share of global production. These countries were followed by Switzerland, France, Saudi Arabia, the United Arab Emirates, Spain, Argentina, Italy, India and Germany, which together accounted for a further 46%.

What are the leading suppliers of hot-rolled bars in free-cutting steels to Denmark?

In value terms, Germany constituted the largest supplier of hot-rolled free-cutting steel to Denmark.

What are the leading importers of hot-rolled bars in free-cutting steels from Denmark?

In value terms, the largest markets for hot-rolled free-cutting steel exported from Denmark were the Netherlands, Sweden and Germany, together accounting for 37% of total exports. These countries were followed by the UK, Finland and Belgium, which together accounted for a further 14%.

What is the average export price for hot-rolled bars in free-cutting steels in Denmark?

The average hot-rolled free-cutting steel export price stood at $3,277 per ton in 2020, surging by 257% against the previous year.

What is the average import price for hot-rolled bars in free-cutting steels in Denmark?

In 2020, the average hot-rolled free-cutting steel import price amounted to $909 per ton, waning by -28.5% against the previous year.

This report provides an in-depth analysis of the hot-rolled free-cutting steel 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 24106230 - Hot-rolled bars in free-cutting steels

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
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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
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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