Iron or steel containers with capacity ≤300 l market in Denmark

Earlier Report Observations

The market for iron or steel containers in Denmark showed volatile dynamics from 2018 to 2024. Overall market size grew from 163.3 million US dollars in 2018 to 191.2 million US dollars in 2024, an increase of approximately 17% over the seven-year period. This growth was not steady, however, as a slight dip in 2019 was followed by a recovery and sustained expansion through 2020 to 2022, when the market reached its peak value of 203.8 million US dollars.

A sharp contraction occurred in 2023, with the market size falling to 170.5 million US dollars, which was 16% below the previous year's peak. This decline proved temporary, as the market rebounded in 2024 to 191.2 million US dollars, resuming an upward trajectory and completing a cycle of growth, correction, and recovery within the observed timeframe.

Production iron or steel containers with capacity ≤300 l in Denmark

In value, 2018-2021, M $ US

In Denmark, production of iron or steel containers with a capacity of 300 liters or less increased for the second year in a row. In 2021, output reached 189.8 million US dollars, marking a 3.6% rise from the previous year. Over the 2018-2021 period, production grew by 6.3%, with an average annual growth rate of 2.1%. The lowest production value was recorded in 2019 at 175.0 million US dollars, which saw the largest decline of 2.0%. In contrast, the largest increase occurred in 2020, with a 4.7% jump.

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

Exports iron or steel containers with capacity ≤300 l from Denmark

Exports in kind, t

Exports of iron or steel containers with a capacity of 300 liters or less from Denmark declined for the third consecutive year. In 2021, shipments totaled 15,317 tons, representing a significant decrease of 11.8% compared to the previous year. From 2018 to 2021, exports fell by 18.5%, translating to an annualized decline of 6.6%.

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

Between 2018 and 2021, the export market for these containers in kind was diverse. The Netherlands accounted for 22.4% of exports, Germany for 11.4%, and Sweden for 10.3%, together making up 44.0% of total flows. The remaining 56.0% was distributed among numerous other countries.

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

After a two-year decline, exports of iron or steel containers with a capacity of 300 liters or less from Denmark increased. In 2021, export value amounted to 88,566 thousand US dollars, showing a modest rise of 3.5% from the previous year. Over the 2018-2021 period, exports decreased by 2.7%, with an annualized rate of 0.9%. The lowest value was recorded in 2020 at 85,609 thousand US dollars, which also saw the largest decline of 4.1%.

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

From 2018 to 2021, the country breakdown of exports in value terms remained scattered. The Netherlands contributed 20.4% of exports, France 9.6%, and Sweden 9.1%, together accounting for 39.1% of total flows. No single partner emerged as clearly dominant during this period.

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

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

Imports iron or steel containers with capacity ≤300 l to Denmark

Imports in kind, t

Imports of iron or steel containers with a capacity of 300 liters or less into Denmark increased for the second consecutive year. In 2021, imports reached 20,952 tons, reflecting a slight rise of 0.9% year-over-year. Over the 2018-2021 period, imports grew by 4.3%, with an average annual growth rate of 1.4%. The lowest import volume was recorded in 2019 at 19,718 tons, which experienced the largest decline of 1.8%. The largest increase occurred in 2020, with a 5.3% surge.

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

From 2018 to 2021, Sweden, Germany, and the Netherlands remained the principal suppliers of these containers to Denmark in kind. Sweden accounted for 22.7% of imports, Germany for 18.6%, and the Netherlands for 17.9%, together making up 59.2% of total 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 iron or steel containers with a capacity of 300 liters or less increased for the second consecutive year. In 2021, import value amounted to 86,486 thousand US dollars, up by 22.2% compared to the previous year. Over the 2018-2021 period, imports rose by 14.1%, with an average annual growth rate of 4.5%. The lowest value was recorded in 2019 at 70,608 thousand US dollars, which saw the largest decline of 6.8%.

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

Between 2018 and 2021, Sweden, Germany, and the Netherlands consistently remained the main sources for imports in value terms. Sweden accounted for 21.3% of imports, Germany for 19.6%, and the Netherlands for 16.5%, together contributing 57.5% of total flows.

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

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