Denmark: Non-Alloy Steel U-Section Market 2025

Non-Alloy Steel U-Section Market Size in Denmark

In 2022, the Danish non-alloy steel u-section market increased by 22% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption posted strong growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Non-Alloy Steel U-Section Exports

Exports from Denmark

Non-alloy steel u-section exports from Denmark declined dramatically to X tons in 2022, with a decrease of -20.9% compared with the year before. In general, exports, however, enjoyed measured growth. The pace of growth was the most pronounced in 2015 with an increase of 167% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, non-alloy steel u-section exports expanded modestly to $X in 2022. Overall, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 93%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Sweden (X tons) and Norway (X tons) were the main destinations of non-alloy steel u-section exports from Denmark, together comprising 87% of total exports. Sri Lanka, Latvia, Faroe Islands and Finland lagged somewhat behind, together accounting for a further 9.7%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +172.1%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and Norway ($X) constituted the largest markets for non-alloy steel u-section exported from Denmark worldwide, together accounting for 86% of total exports. Sri Lanka, Faroe Islands, Finland and Latvia lagged somewhat behind, together accounting for a further 10%.

Among the main countries of destination, Finland, with a CAGR of +197.8%, saw 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

In 2022, the average non-alloy steel u-section export price amounted to $X per ton, increasing by 31% against the previous year. In general, the export price recorded a pronounced expansion. The growth pace was the most rapid in 2020 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs 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 ($X per ton), while the average price for exports to Germany ($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 Finland (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Steel U-Section Imports

Imports into Denmark

In 2022, after two years of growth, there was decline in purchases abroad of u-sections of non-alloy steel, when their volume decreased by -2.2% to X tons. Overall, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +10.5% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 22% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-alloy steel u-section imports surged to $X in 2022. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of non-alloy steel u-section to Denmark, with a 38% share of total imports. Moreover, non-alloy steel u-section imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was held by Luxembourg (X tons), with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+24.1% per year) and Luxembourg (+9.0% per year).

In value terms, Germany ($X) constituted the largest supplier of u-sections of non-alloy steel to Denmark, comprising 42% of total imports. The second position in the ranking was held by Spain ($X), with a 16% share of total imports. It was followed by Luxembourg, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+29.1% per year) and Luxembourg (+14.4% per year).

Import Prices by Country

In 2022, the average non-alloy steel u-section import price amounted to $X per ton, increasing by 30% against the previous year. Overall, the import price saw perceptible growth. The growth pace was the most rapid in 2021 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Poland ($X per ton), while the price for the Netherlands ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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