Denmark: Market for Iron or Steel Hot-Worked Helical Springs 2025

Market Size for Iron or Steel Hot-Worked Helical Springs in Denmark

In 2021, the Danish metal hot-worked helical spring market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Iron or Steel Hot-Worked Helical Springs in Denmark

In value terms, metal hot-worked helical spring production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Iron or Steel Hot-Worked Helical Springs

Exports from Denmark

In 2021, shipments abroad of iron or steel hot-worked helical springs decreased by -2.1% to X tons, falling for the third year in a row after five years of growth. The total export volume increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 20%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, metal hot-worked helical spring exports soared to $X in 2021. The total export value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X tons), Sweden (X tons) and the United States (X tons) were the main destinations of metal hot-worked helical spring exports from Denmark, with a combined 45% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +60.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Sweden ($X) and Slovakia ($X) were the largest markets for metal hot-worked helical spring exported from Denmark worldwide, with a combined 38% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +59.0%, 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

The average metal hot-worked helical spring export price stood at $X per ton in 2021, jumping by 26% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. As a result, the export price attained 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 China ($X per ton), while the average price for exports to Mexico ($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 Poland (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Hot-Worked Helical Springs

Imports into Denmark

Metal hot-worked helical spring imports into Denmark dropped notably to X tons in 2021, falling by -19.5% on the previous year's figure. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 40% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, metal hot-worked helical spring imports surged to $X in 2021. Overall, imports recorded a noticeable descent. The pace of growth appeared the most rapid in 2017 with an increase of 21%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Sweden (X tons) and China (X tons) were the main suppliers of metal hot-worked helical spring imports to Denmark, together accounting for 85% of total imports. Poland, the Netherlands, Hungary and India lagged somewhat behind, together comprising a further 7.5%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +31.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal hot-worked helical spring suppliers to Denmark were Sweden ($X), Germany ($X) and China ($X), together accounting for 70% of total imports. Poland, the Netherlands, Hungary and India lagged somewhat behind, together accounting for a further 10%.

Poland, with a CAGR of +35.9%, 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

In 2021, the average metal hot-worked helical spring import price amounted to $X per ton, rising by 44% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal hot-worked helical spring import price increased by +80.4% against 2015 indices. 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, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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