Denmark - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Denmark - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Denmark (CIF) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Denmark (FOB) - 2022
- Imports of Deformed Non-Alloy Steel Wire Rod in Denmark
- Exports of Deformed Non-Alloy Steel Wire Rod in Denmark
Price for Deformed Non-Alloy Steel Wire Rod in Denmark (CIF) - 2023
The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $917 per ton in June 2023, with a decrease of -2.8% against the previous month. Overall, the import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in April 2023 an increase of 7.8% m-o-m. Over the period under review, average import prices reached the maximum at $1,333 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($3,672 per ton), while the price for Norway ($768 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (-3.4%), while the prices for the other major suppliers experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Denmark (FOB) - 2022
In 2022, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $2,143 per ton, picking up by 50% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, deformed non-alloy steel wire rod export price decreased by -5.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 74%. Over the period under review, the average export prices reached the maximum at $2,277 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Faroe Islands ($2,172 per ton), while the average price for exports to Norway stood at $1,623 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+138.9%), while the prices for the other major destinations experienced a decline.
Imports of Deformed Non-Alloy Steel Wire Rod in Denmark
In 2022, overseas purchases of ribbed or other deformed wire rod of non-alloy steel decreased by -29.6% to 27K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, imports reached the peak of 38K tons, and then declined markedly in the following year.
In value terms, deformed non-alloy steel wire rod imports dropped to $31M in 2022. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year. As a result, imports attained the peak of $35M, and then reduced in the following year.
| Import of Deformed Non-Alloy Steel Wire Rod in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.6 | 12.6 | 21.7 | 17.9 | 12.4% |
| Norway | 5.1 | 4.7 | 10.1 | 12.7 | 35.5% |
| Poland | N/A | 0.1 | 1.4 | 0.9 | 200.0% |
| Netherlands | 0.6 | 0.9 | 2.0 | N/A | 82.6% |
| Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Total | 18.4 | 18.5 | 35.4 | 31.5 | 19.6% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Denmark in 2022:
- Germany (15.3K tons)
- Norway (11.1K tons)
- Poland (0.6K tons)
Exports of Deformed Non-Alloy Steel Wire Rod in Denmark
In 2022, exports of ribbed or other deformed wire rod of non-alloy steel from Denmark declined rapidly to 334 tons, falling by -24.8% against the previous year. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 369,810% against the previous year. As a result, the exports reached the peak of 444 tons, and then dropped rapidly in the following year.
In value terms, deformed non-alloy steel wire rod exports expanded notably to $715K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 231,916% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Deformed Non-Alloy Steel Wire Rod in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Faroe Islands | N/A | 0.3 | 256 | 627 | 4471.7% |
| Norway | 269 | N/A | 379 | 69.5 | -36.3% |
| Others | 3.9 | N/A | 1.3 | 18.9 | 69.2% |
| Total | 273 | 0.3 | 636 | 715 | 37.8% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Denmark in 2022:
- Faroe Islands (288.4 tons)
- Norway (42.8 tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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