Denmark: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Denmark

The Danish unwrought aluminium alloys market surged to $X in 2020, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a pronounced decline. Unwrought aluminium alloys consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Unwrought Aluminium Alloys Exports

Exports from Denmark

In 2020, shipments abroad of unwrought aluminium alloys decreased by -X% to X tons, falling for the third year in a row after three years of growth. In general, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, exports reached the peak of X tons. from 2011 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, unwrought aluminium alloys exports shrank remarkably to $X in 2020. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2011 to 2020, the growth exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for unwrought aluminium alloys exports from Denmark, accounting for a X% share of total exports. Moreover, unwrought aluminium alloys exports to Germany exceeded the volume sent to the second major destination, Iceland (X tons), fivefold. France (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (+X% per year) and France (-X% per year).

In value terms, the largest markets for unwrought aluminium alloys exported from Denmark were Iceland ($X), Germany ($X) and France ($X), together accounting for X% of total exports.

Iceland (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average unwrought aluminium alloys export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price enjoyed resilient growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Iceland ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Iceland, while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Aluminium Alloys Imports

Imports into Denmark

In 2020, overseas purchases of unwrought aluminium alloys were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a slight shrinkage. Over the period under review, imports attained the peak figure at X tons in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, unwrought aluminium alloys imports soared to $X in 2020. Overall, imports, however, continue to indicate a perceptible reduction. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Norway (X tons) constituted the largest unwrought aluminium alloys supplier to Denmark, with a X% share of total imports. Moreover, unwrought aluminium alloys imports from Norway exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. The third position in this ranking was occupied by Sweden (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Norway totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Sweden (+X% per year).

In value terms, Norway ($X) constituted the largest supplier of unwrought aluminium alloys to Denmark, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Norway amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Sweden (+X% per year).

Import Prices by Country

The average unwrought aluminium alloys import price stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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