Denmark: Metal Chain Parts Market 2024

Metal Chain Parts Market Size in Denmark

In 2022, the Danish metal chain parts market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption saw a prominent expansion. Metal chain parts consumption peaked in 2022 and is likely to see steady growth in years to come.

Metal Chain Parts Production in Denmark

In value terms, metal chain parts production contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Metal Chain Parts Exports

Exports from Denmark

For the third year in a row, Denmark recorded decline in shipments abroad of parts of chains of iron or steel, which decreased by X% to X tons in 2022. Overall, exports showed a noticeable decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal chain parts exports totaled $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Korea (X tons), Norway (X tons) and Spain (X tons) were the main destinations of metal chain parts exports from Denmark, with a combined X% share of total exports. Iceland, the UK, the Netherlands, the United States, Russia, France, Lithuania, Ireland, Faroe Islands and Greenland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal chain parts exported from Denmark were Norway ($X), South Korea ($X) and Spain ($X), with a combined X% share of total exports.

In terms of the main countries of destination, South Korea, with a CAGR of X%, 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 metal chain parts export price amounted to $X per ton, surging by X% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal chain parts export price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

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

Metal Chain Parts Imports

Imports into Denmark

After two years of decline, supplies from abroad of parts of chains of iron or steel increased by X% to X tons in 2022. Overall, imports, however, continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal chain parts imports expanded notably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

China (X tons), Sweden (X tons) and Belgium (X tons) were the main suppliers of metal chain parts imports to Denmark, with a combined X% share of total imports. Taiwan (Chinese), India, the Netherlands, Germany and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Belgium ($X) and China ($X) were the largest metal chain parts suppliers to Denmark, with a combined X% share of total imports. Taiwan (Chinese), Germany, the Netherlands, India and the UK lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded 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

The average metal chain parts import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal chain parts import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2021, and then dropped in the following year.

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 Belgium ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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