Price for Safety Pins and Other Pins; of Iron or Steel in Denmark - 2024

Contents:

1. Price for Safety Pins and Other Pins; of Iron or Steel in Denmark (CIF) - 2022
2. Price for Safety Pins and Other Pins; of Iron or Steel in Denmark (FOB) - 2022
3. Imports of Safety Pins and Other Pins; of Iron or Steel in Denmark
4. Exports of Safety Pins and Other Pins; of Iron or Steel in Denmark

Price for Safety Pins and Other Pins; of Iron or Steel in Denmark (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $14,058 per ton, with a decrease of -38.7% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20%. The import price peaked at $31,106 per ton in 2012; however, from 2013 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 Sweden ($65,989 per ton), while the price for China ($7,060 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Safety Pins and Other Pins; of Iron or Steel in Denmark (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $19,040 per ton, surging by 85% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $23,500 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($186,042 per ton), while the average price for exports to Finland ($8,540 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 Iceland (+44.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety Pins and Other Pins; of Iron or Steel in Denmark

In 2022, imports of safety pins and other pins; of iron or steels into Denmark skyrocketed to 70 tons, with an increase of 50% on 2021. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 103%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of safety pins and other pins; of iron or steels declined to $990K in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 143%. As a result, imports reached the peak of $1.1M, and then shrank in the following year.

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Denmark in 2022:

1. China (57.8 tons)
2. Germany (4.3 tons)
3. Sweden (1.6 tons)
4. United States (1.2 tons)
5. Spain (1.1 tons)
6. India (0.5 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Denmark

Exports of safety pins and other pins; of iron or steels from Denmark fell notably to 16 tons in 2022, which is down by -82.4% compared with 2021 figures. In general, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 268%. As a result, the exports reached the peak of 93 tons, and then reduced dramatically in the following year.

In value terms, exports of safety pins and other pins; of iron or steels reduced dramatically to $312K in 2022. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 149%. As a result, the exports reached the peak of $958K, and then shrank dramatically in the following year.

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Denmark in 2022:

1. United States (5.2 tons)
2. Sweden (2.4 tons)
3. Norway (2.4 tons)
4. Russia (1.4 tons)
5. Germany (1.2 tons)
6. Netherlands (0.5 tons)
7. United Kingdom (0.5 tons)
8. Argentina (0.5 tons)
9. Finland (0.4 tons)
10. Faroe Islands (0.3 tons)

Source: IndexBox Market Intelligence Platform