Denmark: Moulds For Metal Market 2024

Moulds For Metal Market Size in Denmark

The Danish moulds for metal market reduced rapidly to $X in 2022, with a decrease of -17.5% against the previous year. Overall, consumption, however, continues to indicate a remarkable increase. Moulds for metal consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Moulds For Metal Production in Denmark

In value terms, moulds for metal production declined notably to $X in 2022 estimated in export price. Over the period under review, production, however, saw a tangible increase. The most prominent rate of growth was recorded in 2013 with an increase of 127%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Moulds For Metal Exports

Exports from Denmark

In 2022, shipments abroad of moulds for metals decreased by -9.8% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by 85% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, moulds for metal exports declined modestly to $X in 2022. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 116%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons), Spain (X tons) and Poland (X tons) were the main destinations of moulds for metal exports from Denmark, together comprising 80% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +130.5%), while the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), Spain ($X) and Poland ($X) appeared to be the largest markets for moulds for metal exported from Denmark worldwide, with a combined 82% share of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +150.7%, recorded 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 moulds for metal export price amounted to $X per ton, with an increase of 5.5% against the previous year. In general, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Sweden ($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 South Korea (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Denmark

Moulds for metal imports into Denmark dropped rapidly to X tons in 2022, waning by -38.8% against 2021 figures. Overall, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 494%. As a result, imports attained the peak of X tons, and then fell dramatically in the following year.

In value terms, moulds for metal imports shrank significantly to $X in 2022. In general, imports, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2021 with an increase of 163% against the previous year. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest moulds for metal supplier to Denmark, accounting for a 67% share of total imports. Moreover, moulds for metal imports from Turkey exceeded the figures recorded by the second-largest supplier, Croatia (X tons), sixfold. The UK (X tons) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +167.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+14.9% per year) and the UK (+48.9% per year).

In value terms, Turkey ($X) constituted the largest supplier of moulds for metals to Denmark, comprising 53% of total imports. The second position in the ranking was held by Croatia ($X), with a 13% share of total imports. It was followed by China, with a 7% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +153.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+7.0% per year) and China (-13.0% per year).

Import Prices by Country

In 2022, the average moulds for metal import price amounted to $X per ton, jumping by 21% against the previous year. In general, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 94%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform