Denmark: Market for Iron Or Steel Parts Of Articulated Link Chain 2024

Market Size for Iron Or Steel Parts Of Articulated Link Chain in Denmark

The Danish metal link chain parts market declined remarkably to $X in 2021, reducing by -22.8% against the previous year. Overall, consumption, however, recorded a deep slump. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Iron Or Steel Parts Of Articulated Link Chain in Denmark

In value terms, metal link chain parts production rose slightly to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the production volume increased by 37%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports from Denmark

In 2021, overseas shipments of iron or steel parts of articulated link chain were finally on the rise to reach X tons after two years of decline. Over the period under review, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of 1,300% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal link chain parts exports rose remarkably to $X in 2021. Overall, exports recorded a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by 614% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons), South Africa (X tons) and the Netherlands (X tons) were the main destinations of metal link chain parts exports from Denmark, together comprising 41% of total exports. Norway, Sweden, Spain, Finland, Israel, Chile, France, Argentina, Peru and Kuwait lagged somewhat behind, together comprising a further 50%.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +371.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Peru ($X) and the Netherlands ($X) were the largest markets for metal link chain parts exported from Denmark worldwide, together accounting for 34% of total exports. Israel, Sweden, South Africa, Chile, Norway, Spain, Finland, France, Kuwait and Argentina lagged somewhat behind, together comprising a further 49%.

Among the main countries of destination, Chile, with a CAGR of +612.1%, recorded the highest growth rate of 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 link chain parts export price stood at $X per ton in 2021, waning by -40.1% against the previous year. Over the period under review, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 an increase of 217% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to South Africa ($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 Chile (+49.6%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports into Denmark

In 2021, supplies from abroad of iron or steel parts of articulated link chain was finally on the rise to reach X tons after two years of decline. Over the period under review, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal link chain parts imports soared to $X in 2021. In general, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X tons), China (X tons) and France (X tons) were the main suppliers of metal link chain parts imports to Denmark, together accounting for 78% of total imports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +50.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal link chain parts suppliers to Denmark were Germany ($X), France ($X) and Austria ($X), together accounting for 78% of total imports.

Austria, with a CAGR of +41.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal link chain parts import price stood at $X per ton in 2021, which is down by -44.6% against the previous year. Overall, the import price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average 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 Germany (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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