Cold-formed or cold-finished iron or non-alloy steel angles, shapes and sections market in Denmark

Earlier Report Observations

The market for cold-formed iron and non-alloy steel angles, shapes and sections in Denmark experienced notable shifts between 2018 and 2024. Domestic consumption, measured as market volume, rose from 24 350 tonnes in 2018 to a peak of 31 247 tonnes in 2019 before beginning a sustained decline that brought it to 16 451 tonnes by 2024.

A 6% rise in global manufacturing volume for cold-formed steel framing products in 2021 signaled stronger demand in non-residential construction, a key end-use sector for these products. However, this broader industry growth coincided with a drop in Denmark's market volume to 26 317 tonnes, suggesting local market dynamics diverged from the global trend.

Trade flows remained a feature of the market, with Denmark's imports of these products from Spain valued at approximately $29.87 million in 2024. This import activity contributed to market supply during a period of overall contracting domestic consumption.

Production cold-formed angles and shapes in Denmark

In value, 2018-2021, K $ US

Denmark's production of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections rebounded after a two-year decline. In 2021, output was valued at 58 622 K $ US, marking a significant 61.2% increase from the previous year. Over the period from 2018 to 2021, production grew by 17.8%, which translates to an annualized rate of 5.6%. The lowest point was in 2020, with a value of 36 366 K $ US, when the largest decline of 20.2% occurred.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

In kind, 2018-2021, t

Denmark's production of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections fell for the second year in a row. In 2021, output totaled 33 139 t, showing a notable 12.2% decrease year-over-year. From 2018 to 2021, production dropped by 25.2%, equivalent to an annualized decline of 9.2%. The peak was in 2019 at 45 513 t, with the largest drop of 17.1% in 2020 and a modest increase of 2.8% in 2019.

Annual dynamics of production in Denmark in kind, 2018-2021, t

Exports cold-formed angles and shapes from Denmark

Exports in kind, t

Exports of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections from Denmark continued to decline for the third consecutive year. In 2021, exports amounted to 12 327 t, down 12.4% compared to the previous year. Between 2018 and 2021, exports fell by 51.4%, representing an annualized decrease of 21.4%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

From 2018 to 2021, Germany was consistently the top destination for Denmark's exports in kind, accounting for 73.1% of total flows, while other smaller markets made up the remainder.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, K $ US

Denmark's exports of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections in value terms recovered after a two-year downturn. In 2021, exports reached 21 183 K $ US, rising 27.8% year-over-year. Over the 2018-2021 period, exports decreased by 37.3%, with a compound annual growth rate of -14.4%. The lowest value was in 2020 at 16 572 K $ US, when the sharpest decline of 41.6% was recorded.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

During 2018–2021, Germany remained the leading partner for Denmark's exports in value terms, holding a 70.4% share of total flows, with other markets contributing smaller portions.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports cold-formed angles and shapes to Denmark

Imports in kind, t

In 2021, Denmark's imports of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections in kind were 5 505 t, remaining largely unchanged from the previous year. The highest level was in 2019 at 6 505 t, with the biggest decrease of 15.4% in 2020 and the largest increase of 20.0% in 2019.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

From 2018 to 2021, Finland, Germany, and Italy were the main suppliers of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections to Denmark in kind, with shares of 27.9%, 16.3%, and 15.6%, respectively, totaling 59.8% of all imports.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, K $ US

Denmark's imports of cold-formed or cold-finished iron or non-alloy steel angles, shapes, and sections in value terms surged to 11 568 K $ US in 2021, a sharp 50.7% increase from 2020. Over the 2018-2021 span, imports grew by 44.8%, corresponding to a compound annual growth rate of 13.1%. The minimum was in 2020 at 7 674 K $ US, when the largest decline of 13.7% occurred.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

Between 2018 and 2021, Finland, Belgium, and Germany were the primary suppliers to Denmark in value terms, with shares of 26.1%, 13.9%, and 13.3%, respectively, collectively making up 53.4% of total imports.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021