Price for Steel, Alloy; Semi-Finished Products in Denmark - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Denmark (CIF) - 2023
- Price for Steel, Alloy; Semi-Finished Products in Denmark (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Denmark
- Exports of Steel, Alloy; Semi-Finished Products in Denmark
Price for Steel, Alloy; Semi-Finished Products in Denmark (CIF) - 2023
In July 2023, the average steel, alloy; semi-finished products import price amounted to $7,183 per ton, surging by 8.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 24% m-o-m. The import price peaked at $7,776 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($8,119 per ton), while the price for Germany totaled $3,549 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.7%).
Price for Steel, Alloy; Semi-Finished Products in Denmark (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $25,420 per ton, with an increase of 115% against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The export price peaked at $37,991 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Austria ($37,083 per ton), while the average price for exports to Hungary ($8,225 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 Austria (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Alloy; Semi-Finished Products in Denmark
In 2022, the amount of steel, alloy; semi-finished productses imported into Denmark skyrocketed to 220 tons, growing by 186% on the previous year's figure. Overall, imports, however, showed a abrupt setback.
In value terms, steel, alloy; semi-finished products imports skyrocketed to $1.7M in 2022. In general, imports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 126% against the previous year. As a result, imports attained the peak of $5.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Steel, Alloy; Semi-Finished Products in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1,339 | 1,932 | 139 | 1,568 | 5.4% |
| Germany | 299 | 1,005 | 40.1 | 107 | -29.0% |
| Sweden | 67.5 | 454 | 12.5 | 2.5 | -66.7% |
| Luxembourg | 61.3 | 367 | N/A | N/A | 498.7% |
| Poland | 144 | 258 | 99.1 | N/A | -17.0% |
| Turkey | 37.5 | 42.7 | N/A | N/A | 13.9% |
| Others | 332 | 1,095 | 692 | 67.2 | -41.3% |
| Total | 2,279 | 5,154 | 982 | 1,745 | -8.5% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Denmark in 2022:
- Luxembourg (undefined tons)
- Austria (174.1 tons)
- Germany (40.2 tons)
- Sweden (0.3 tons)
Exports of Steel, Alloy; Semi-Finished Products in Denmark
Steel, alloy; semi-finished products exports from Denmark declined to 29 tons in 2022, dropping by -14.3% on the previous year's figure. In general, exports saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 156%. As a result, the exports reached the peak of 34 tons, and then shrank in the following year.
In value terms, steel, alloy; semi-finished products exports surged to $738K in 2022. Overall, exports, however, recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Alloy; Semi-Finished Products in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 10.9 | 9.2 | 128 | 457 | 247.4% |
| Serbia | 225 | 164 | 182 | 195 | -4.7% |
| Hungary | 33.9 | 15.4 | 14.5 | 30.1 | -3.9% |
| Norway | 37.6 | 13.2 | N/A | 4.2 | -51.8% |
| Germany | 3.5 | N/A | 40.2 | N/A | 238.9% |
| Others | 25.9 | 58.1 | 35.7 | 51.9 | 26.1% |
| Total | 337 | 260 | 401 | 738 | 29.9% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Denmark in 2022:
- Poland (17.3 tons)
- Serbia (6.7 tons)
- Hungary (3.7 tons)
- Norway (0.2 tons)
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