Iron or steel household articles market in Denmark

Earlier Report Observations

The market volume for iron or steel household articles in Denmark experienced substantial fluctuations from 2018 to 2024. Starting at 9.6 thousand tons in 2018, it grew rapidly to a peak of 22.7 thousand tons in 2021, more than doubling in size. This surge was followed by a sharp contraction to 10.4 thousand tons in 2022 and a further decline to 8.7 thousand tons in 2023.

By 2024, the market stabilized at 8.9 thousand tons. This stabilization aligned with global raw material price volatility and increased distribution costs driven by the EU Emissions Trading System (ETS), which raised transportation expenses for steel products. The market also felt the impact of rising imports of cheaper slabs and billets from Indonesia, affecting the local stainless steel sector.

Regulatory developments set the stage for future market conditions. In 2025, Denmark implemented amendments to building regulations BR18, introducing new requirements for kitchen installations that could influence demand for steel household items. Additionally, the EU adopted new environmental regulations for consumer products, including iron and steel, with implementation in Denmark promoting more sustainable design and labeling standards.

Production iron or steel household articles in Denmark

In value, 2018-2021, K $ US

Denmark's production of iron or steel household articles has grown for the second year in a row. In 2021, output reached 17 276 thousand US dollars, marking a significant 56.9% increase compared to 2020. Over the period from 2018 to 2021, production rose by 85.1%, with an average annual growth rate of 22.8%. The lowest value was recorded in 2019 at 8 130 thousand US dollars, which also saw the largest decline of 12.9%.

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

In kind, 2018-2021, t

The data shows irregular fluctuations, pointing to a volatile market environment. Production peaked in 2021 and hit its lowest point in 2019, with a two-fold difference between these years. In 2021, Denmark produced 2 143 tonnes of iron or steel household articles, representing a substantial 98.8% rise from the previous year. The minimum volume was recorded in 2019 at 1 060 tonnes, which also experienced the largest decline of 11.3%.

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

Exports iron or steel household articles from Denmark

Exports in kind, t

Exports of iron or steel household articles from Denmark have increased for the second consecutive year. In 2021, exports stood at 4 435 tonnes, up by 16.8% compared to 2020. Between 2018 and 2021, exports grew by 11.7%, translating to an average annual rate of 3.7%. The lowest value was recorded in 2019 at 3 457 tonnes, which also saw the largest decline of 13.0%.

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

From 2018 to 2021, Norway, Sweden, and Germany were the primary markets for Denmark's exports of iron or steel household articles in volume terms. Norway accounted for 25.8% of exports, Sweden for 23.9%, and Germany for 11.8%, together making up 61.5% of total export flows.

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, M $ US

The value of exported iron or steel household articles from Denmark has risen for the second year in a row. In 2021, exports amounted to 73.0 million US dollars, showing a sharp 29.1% gain compared to 2020. Between 2018 and 2021, exports increased by 27.5%, equating to an average annual growth rate of 8.4%. The minimum value was recorded in 2019 at 46.8 million US dollars, which also experienced the largest decline of 18.2%.

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

Between 2018 and 2021, Sweden, Norway, and Germany were the three main markets for Denmark's exports of iron or steel household articles in value terms, collectively absorbing 59.0% of total exports.

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 household articles to Denmark

Imports in kind, t

Imports of iron or steel household articles into Denmark have grown for the third consecutive year. In 2021, imports reached 24 991 tonnes, marking a 35.3% uptick from the previous year. Between 2018 and 2021, imports surged by 102.3%, with an average annual rate of 26.5%.

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

From 2018 to 2021, China, Germany, and Sweden were the main suppliers of iron or steel household articles to Denmark in volume terms. China accounted for 33.8% of imports, Germany for 15.0%, and Sweden for 7.9%, together comprising 56.8% of total import flows.

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, M $ US

The value of imported iron or steel household articles into Denmark has increased for the second consecutive year. In 2021, import volume reached 129.9 million US dollars, up by 46.1% compared to the previous year. Between 2018 and 2021, imports rose by 48.7%, equating to an average annual growth rate of 14.1%. The lowest value was recorded in 2019 at 86.7 million US dollars, which also saw the largest decline of 0.8%.

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

Throughout 2018 to 2021, China, Germany, and Sweden remained the key markets for Denmark's imports of iron or steel household articles in value terms. China accounted for 44.1% of imports, Germany for 11.4%, and Sweden for 9.8%, jointly taking 65.3% of total import flows.

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

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