Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark (FOB) - 2024
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,588 per ton in 2022, which is down by -19% against the previous year. Overall, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 37% against the previous year. The import price peaked at $9,886 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 the Netherlands ($9,695 per ton), while the price for China ($2,474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.2%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark (FOB) - 2024
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $11,956 per ton in March 2024, waning by -34.7% against the previous month. In general, the export price, however, recorded a perceptible increase. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 276% month-to-month. As a result, the export price attained the peak level of $21,262 per ton. From November 2023 to March 2024, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was the UK ($73,933 per ton), while the average price for exports to Albania ($3,808 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark
In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into Denmark soared to 4.1K tons, with an increase of 55% compared with 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +81.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $19M in 2022. In general, imports, however, showed a relatively flat trend pattern.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 3.6 | 4.5 | 5.3 | 4.9 | 10.8% |
| China | 9.5 | 3.1 | 2.1 | 3.4 | -29.0% |
| Sweden | 1.6 | 1.7 | 2.0 | 2.5 | 16.0% |
| Germany | 1.1 | 0.9 | 0.8 | 2.0 | 22.1% |
| Netherlands | 1.0 | 0.8 | 1.4 | 0.9 | -3.5% |
| Spain | 0.7 | 0.7 | 0.8 | 0.9 | 8.7% |
| Belgium | 0.4 | 0.1 | 0.9 | 0.4 | 0.0% |
| Others | 1.1 | 1.5 | 1.6 | 3.9 | 52.5% |
| Total | 18.9 | 13.5 | 15.0 | 18.8 | -0.2% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Denmark in 2022:
- China (1374.1 tons)
- Austria (1042.9 tons)
- Germany (721.3 tons)
- Sweden (262.7 tons)
- Spain (250.3 tons)
- Netherlands (91.2 tons)
- Belgium (89.2 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark
In 2022, exports of iron or steel cast fittings, other than of non-malleable cast ira from Denmark rose markedly to 1.2K tons, increasing by 8.1% against the previous year's figure. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira surged to $12M in 2022. The total export value increased at an average annual rate of +12.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 1.2 | 2.1 | 2.9 | 4.9 | 59.8% |
| Iceland | 3.1 | 2.1 | 1.8 | 3.1 | 0.0% |
| Faroe Islands | 1.5 | 1.7 | 1.6 | 1.4 | -2.3% |
| Sweden | 0.5 | 0.7 | 0.9 | 0.8 | 17.0% |
| United Kingdom | N/A | 0.2 | 0.2 | 0.5 | 58.1% |
| Norway | 0.7 | 0.4 | 0.6 | 0.3 | -24.6% |
| Poland | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Germany | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 1.4 | 1.5 | 1.8 | 1.2 | -5.0% |
| Total | 8.7 | 8.9 | 9.9 | 12.4 | 12.5% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Denmark in 2022:
- Greenland (384.2 tons)
- Sweden (265.9 tons)
- Iceland (263.3 tons)
- Faroe Islands (100.2 tons)
- United Kingdom (74.3 tons)
- Germany (30.3 tons)
- Poland (26.2 tons)
- Norway (20.5 tons)
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