Denmark: Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2025

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in Denmark

The Danish market for railway or tramway track construction material of iron or steel reduced to $X in 2021, falling by -12.6% against the previous year. Overall, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +9.4% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in Denmark

In value terms, production of railway or tramway track construction material of iron or steel amounted to $X in 2021 estimated in export price. Over the period under review, production showed a dramatic decrease. The pace of growth was the most pronounced in 2014 when the production volume increased by 22% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from Denmark

In 2021, approx. X tons of railway or tramway track construction material of iron or steel were exported from Denmark; declining by -3.4% on 2020. Overall, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 857% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of railway or tramway track construction material of iron or steel surged to $X in 2021. Over the period under review, exports, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2014 with an increase of 519%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Greenland (X tons), Norway (X tons) and the UK (X tons) were the main destinations of exports of railway or tramway track construction material of iron or steel from Denmark, with a combined 74% share of total exports. These countries were followed by Sweden, Switzerland, Faroe Islands and Germany, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +34.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), the UK ($X) and Switzerland ($X) were the largest markets for iron and steel railway construction materials exported from Denmark worldwide, with a combined 79% share of total exports.

Switzerland, with a CAGR of +57.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for railway or tramway track construction material of iron or steel stood at $X per ton in 2021, surging by 25% against the previous year. Over the period under review, the export price showed a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 113%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

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 Switzerland ($X per ton), while the average price for exports to Faroe Islands ($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 Argentina (+1,232.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into Denmark

In 2021, approx. X tons of railway or tramway track construction material of iron or steel were imported into Denmark; with a decrease of -25.7% compared with 2020 figures. Over the period under review, imports, however, showed mild growth. The pace of growth appeared the most rapid in 2014 when imports increased by 164%. Imports peaked at X tons in 2020, and then dropped sharply in the following year.

In value terms, imports of railway or tramway track construction material of iron or steel reached $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 74% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and Sweden (X tons) were the main suppliers of imports of railway or tramway track construction material of iron or steel to Denmark, with a combined 92% share of total imports. These countries were followed by the UK, Luxembourg, Austria and Poland, which together accounted for a further 6.1%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of +25.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Sweden ($X) appeared to be the largest iron and steel railway construction materials suppliers to Denmark, with a combined 84% share of total imports. The UK, Luxembourg, Austria and Poland lagged somewhat behind, together accounting for a further 7.6%.

Among the main suppliers, Luxembourg, with a CAGR of +22.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for railway or tramway track construction material of iron or steel stood at $X per ton in 2021, increasing by 38% against the previous year. Overall, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 81% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 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 Sweden ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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