Denmark: Metal Screw Hook Market 2025

Metal Screw Hook Market Size in Denmark

The Danish metal screw hook market soared to $X in 2022, jumping by 25% against the previous year. In general, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Metal Screw Hook Production in Denmark

In value terms, metal screw hook production contracted dramatically to $X in 2022 estimated in export price. In general, production, however, showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 3,101%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Metal Screw Hook Exports

Exports from Denmark

In 2022, exports of iron or steel screw hooks and screw rings from Denmark declined dramatically to X tons, falling by -47.5% compared with 2021 figures. In general, exports showed a perceptible decrease. The pace of growth was the most pronounced in 2018 when exports increased by 62%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, metal screw hook exports declined remarkably to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 89% against the previous year. The exports peaked at $X in 2021, and then fell notably in the following year.

Exports by Country

Norway (X tons) was the main destination for metal screw hook exports from Denmark, with a 23% share of total exports. Moreover, metal screw hook exports to Norway exceeded the volume sent to the second major destination, Sweden (X tons), twofold. Russia (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway stood at +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-6.8% per year) and Russia (+67.7% per year).

In value terms, China ($X), Norway ($X) and the United States ($X) were the largest markets for metal screw hook exported from Denmark worldwide, with a combined 51% share of total exports. The UK, Sweden, Russia, the Netherlands, Finland, Germany, Switzerland, Hungary, France and Ireland lagged somewhat behind, together comprising a further 24%.

In terms of the main countries of destination, Russia, with a CAGR of +58.4%, 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 2022, the average metal screw hook export price amounted to $X per ton, with an increase of 38% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal screw hook export price increased by +82.6% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Screw Hook Imports

Imports into Denmark

In 2022, overseas purchases of iron or steel screw hooks and screw rings decreased by -2.4% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 138% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, metal screw hook imports surged to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +9.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 118% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Spain (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of metal screw hook imports to Denmark, together comprising 80% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +111.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal screw hook suppliers to Denmark were Germany ($X), Sweden ($X) and Spain ($X), with a combined 62% share of total imports.

Spain, with a CAGR of +106.5%, saw the highest growth rate of 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 2022, the average metal screw hook import price amounted to $X per ton, increasing by 26% against the previous year. In general, the import price, however, continues to indicate a pronounced decrease. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :