Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark (FOB) - 2023
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark (CIF) - 2022
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark (FOB) - 2023
In November 2023, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $21,444 per ton, waning by -8.1% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 77% against the previous month. Over the period under review, the average export prices attained the peak figure at $42,482 per ton in March 2023; however, from April 2023 to November 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +12.4% per month.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $8,068 per ton, with an increase of 20% against the previous year. Over the period under review, the import price, however, saw a abrupt shrinkage. Over the period under review, average import prices hit record highs at $14,251 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($29,286 per ton), while the price for Poland ($6,711 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark
After three years of growth, shipments abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -29.7% to 1.4K tons in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 131% against the previous year.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $22M in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.0 | 2.3 | 3.3 | 4.8 | 33.9% |
| Germany | 1.0 | 4.3 | 6.0 | 4.4 | 63.9% |
| Sweden | 2.9 | 2.5 | 3.0 | 3.2 | 3.3% |
| Lithuania | 2.6 | 1.4 | 2.1 | 2.6 | 0.0% |
| Italy | N/A | 1.1 | 2.5 | 1.4 | 12.8% |
| United States | 0.9 | 0.5 | 1.5 | 1.1 | 6.9% |
| Belgium | 0.4 | 0.8 | 0.6 | 0.7 | 20.5% |
| France | 0.1 | 0.2 | 0.4 | 0.6 | 81.7% |
| Vietnam | 0.3 | 0.4 | 0.6 | 0.4 | 10.1% |
| Others | 0.6 | 1.0 | 1.1 | 2.7 | 65.1% |
| Total | 10.9 | 14.6 | 21.0 | 21.8 | 26.0% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Denmark in 2022:
- Germany (561.6 tons)
- Poland (179.6 tons)
- Italy (169.5 tons)
- Sweden (99.9 tons)
- Vietnam (96.2 tons)
- Lithuania (84.9 tons)
- Belgium (68.1 tons)
- France (61.1 tons)
- United States (33.2 tons)
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark
In 2022, supplies from abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -30.2% to 1.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 352% against the previous year. As a result, imports reached the peak of 1.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia shrank remarkably to $8.8M in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 165% against the previous year.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | 5.0 | 7.1 | 4.2 | -8.3% |
| Vietnam | 1.3 | 1.4 | 1.8 | 2.4 | 22.7% |
| Poland | 0.3 | N/A | N/A | 1.1 | 54.2% |
| India | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| China | 0.8 | 1.5 | 0.7 | 0.1 | -50.0% |
| Others | 0.9 | 1.2 | 0.6 | 0.8 | -3.9% |
| Total | 3.5 | 9.4 | 10.5 | 8.8 | 36.0% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Denmark in 2022:
- Norway (611.5 tons)
- Vietnam (258.4 tons)
- Poland (166.4 tons)
- India (26.3 tons)
- China (6.5 tons)
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