Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark - 2024

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark
  4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $49 per unit, shrinking by -11% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the peak figure at $57 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($129 per unit), while the price for Poland ($26 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $54 per unit in 2022, picking up by 2.7% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for containers for compressed or liquefied gas, of iron or steel increased by +16.9% against 2019 indices. The growth pace was the most rapid in 2015 when the average export price increased by 70% against the previous year. The export price peaked at $63 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($220 per unit), while the average price for exports to Norway ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark

In 2022, approx. 596K units of containers for compressed or liquefied gas, of iron or steel were imported into Denmark; with an increase of 15% on the year before. Over the period under review, imports, however, showed a deep downturn. Over the period under review, imports of hit record highs at 724K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel expanded modestly to $29M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 58%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1.91.23.75.239.9%
Italy4.74.05.14.70.0%
Austria1.02.03.64.666.3%
Czech Republic2.53.13.43.39.7%
Germany3.93.15.33.1-7.4%
France1.70.81.01.5-4.1%
Portugal0.10.20.11.0115.4%
Turkey1.60.20.40.8-20.6%
Netherlands1.20.21.80.4-30.7%
Poland0.70.50.20.1-47.7%
Others2.52.53.84.218.9%
Total21.917.828.228.99.7%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Denmark in 2022:

  1. Norway (168.4K units)
  2. Italy (126.7K units)
  3. Austria (101.6K units)
  4. Czech Republic (56.9K units)
  5. Portugal (27.7K units)
  6. Turkey (24.4K units)
  7. Germany (23.6K units)
  8. France (12.9K units)
  9. Netherlands (5.2K units)
  10. Poland (2.5K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark

In 2022, exports of containers for compressed or liquefied gas, of iron or steel from Denmark soared to 280K units, with an increase of 32% compared with the previous year's figure. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel surged to $15M in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2,9243,3374,6444,06411.6%
Iceland25.04.92,2002,618371.3%
China8026349242,15239.0%
South Korea6337545971,05318.5%
Germany72.8113178863128.0%
Faroe Islands50.361.127235591.8%
Greenland13622022725924.0%
United Kingdom55131.6128224-25.9%
Others2,2421,6421,9193,46515.6%
Total7,4366,79811,08815,05326.5%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Denmark in 2022:

  1. Norway (152.8K units)
  2. Iceland (73.9K units)
  3. China (14.0K units)
  4. Faroe Islands (5.8K units)
  5. Greenland (5.1K units)
  6. South Korea (4.8K units)
  7. Germany (4.2K units)
  8. United Kingdom (2.8K units)

Source: IndexBox Market Intelligence Platform

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