Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $9,200 per ton in 2022, with an increase of 3.9% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel; non-threaded cotters and cotter-pinses decreased by -33.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 18% against the previous year. The import price peaked at $13,906 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 United States ($109,869 per ton), while the price for Italy ($2,838 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $18,215 per ton in 2022, surging by 4.2% against the previous year. Overall, the export price posted a resilient increase. The growth pace was the most rapid in 2014 when the average export price increased by 43%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($60,031 per ton), while the average price for exports to Greenland ($7,623 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 the UK (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark
In 2022, imports of iron or steel; non-threaded cotters and cotter-pinses into Denmark soared to 332 tons, picking up by 34% on the year before. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +69.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $3.1M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 588 | 383 | 613 | 957 | 17.6% |
| China | 410 | 576 | 677 | 584 | 12.5% |
| Italy | 69.2 | 74.9 | 99.1 | 218 | 46.6% |
| Turkey | 3.4 | 0.5 | 19.7 | 191 | 283.0% |
| United States | 605 | 379 | 216 | 177 | -33.6% |
| Taiwan (Chinese) | 172 | 189 | 78.4 | 168 | -0.8% |
| Sweden | 93.2 | 49.8 | 51.5 | 146 | 16.1% |
| Netherlands | 54.0 | 41.1 | 66.1 | 95.8 | 21.1% |
| India | 128 | 133 | 145 | 65.1 | -20.2% |
| Others | 187 | 146 | 229 | 453 | 34.3% |
| Total | 2,309 | 1,972 | 2,194 | 3,056 | 9.8% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Denmark in 2022:
- Germany (118.4 tons)
- Italy (76.8 tons)
- China (50.3 tons)
- Taiwan (Chinese) (19.0 tons)
- India (17.7 tons)
- Turkey (12.1 tons)
- Netherlands (9.5 tons)
- Sweden (8.6 tons)
- United States (1.6 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark
In 2022, exports of iron or steel; non-threaded cotters and cotter-pinses from Denmark surged to 125 tons, picking up by 36% compared with the previous year's figure. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 37%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses soared to $2.3M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 53.8 | 56.2 | 93.2 | 494 | 109.4% |
| United States | 211 | 305 | 231 | 362 | 19.7% |
| Taiwan (Chinese) | 0.4 | 5.0 | 18.4 | 246 | 750.4% |
| Germany | 125 | 182 | 158 | 233 | 23.1% |
| Belgium | 2.7 | 418 | 34.7 | 171 | 298.6% |
| China | 58.2 | 25.2 | 64.6 | 113 | 24.8% |
| Sweden | 42.0 | 56.4 | 69.7 | 77.9 | 22.9% |
| France | 31.7 | 23.1 | 42.7 | 55.1 | 20.2% |
| Greenland | 5.0 | 18.3 | 11.3 | 21.8 | 63.4% |
| Spain | 13.2 | 1.8 | 5.0 | 18.5 | 11.9% |
| United Kingdom | 12.3 | 13.6 | 195 | 16.1 | 9.4% |
| Others | 458 | 534 | 682 | 463 | 0.4% |
| Total | 1,013 | 1,639 | 1,606 | 2,271 | 30.9% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Denmark in 2022:
- Norway (48.3 tons)
- United States (19.6 tons)
- Germany (17.2 tons)
- Belgium (6.3 tons)
- Sweden (4.3 tons)
- Taiwan (Chinese) (4.1 tons)
- China (3.7 tons)
- France (3.1 tons)
- Greenland (2.9 tons)
- Spain (2.3 tons)
- United Kingdom (0.8 tons)
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