Iron or steel threaded fasteners market in Denmark

Earlier Report Observations

The Danish market for iron or steel threaded fasteners, measured in physical volume, grew to 52 417 tons in 2019 before entering a sustained decline. The market contracted to 45 400 tons in 2021 and fell further to a low of 33 297 tons in 2023, representing a drop of over 36% from the 2019 peak. A recovery began in 2024, with volume rising to 40 088 tons.

Domestic production followed a similar volatile path, rising to 15 075 tons in 2020 then falling sharply to 8 673 tons in 2023 before rebounding to 13 371 tons in 2024. Imports, which constitute the bulk of supply, remained above 65 000 tons annually through 2022 but dropped to 54 133 tons in 2023, contributing significantly to the narrower market size that year.

In monetary terms, the market's value showed a different trend, declining from 176.8 million USD in 2018 to 121.0 million USD in 2024. The sharper fall in value compared to volume indicates a decrease in average prices or a shift toward lower-value fastener products during the period.

Production iron or steel threaded fasteners in Denmark

In value, 2018-2021, K $ US

After two consecutive years of growth, Denmark's production of iron or steel threaded fasteners experienced a decline. In 2021, the output was valued at 87 465 thousand US dollars, marking an 11.5% decrease compared to the previous year. Over the period from 2018 to 2021, production increased by 17.4%, which translates to an average annual growth rate of 5.5%. The highest value was recorded in 2020 at 98 820 thousand US dollars, while the largest increase occurred in 2019 with a 16.9% rise.

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

In kind, 2018-2021, t

Following a two-year upward trend, Denmark's production of iron or steel threaded fasteners saw a decline. In 2021, the country produced 14 454 tonnes, reflecting a modest year-over-year decrease of 4.1%. From 2018 to 2021, production grew by 26.5%, with a compound annual growth rate of 8.2%. The peak was reached in 2020 at 15 075 tonnes, and the most significant increase was in 2019 with an 18.7% surge.

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

Exports iron or steel threaded fasteners from Denmark

Exports in kind, t

In 2021, Denmark's exports of iron or steel threaded fasteners amounted to 36 631 tonnes, showing a substantial increase of 13.9% from the previous year. Over the 2018-2021 period, exports rose by 24.8%, with a compound annual growth rate of 7.7%. The largest decline was recorded in 2020 at 2.4%.

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

From 2018 to 2021, three key markets—Germany, Sweden, and Norway—collectively accounted for 59.3% of Denmark's total exports of iron or steel threaded fasteners by volume.

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

Denmark's exports of iron or steel threaded fasteners increased for the third year in a row. In 2021, exports reached 227.7 million US dollars, representing a 30.6% rise compared to the previous year. Between 2018 and 2021, exports grew by 54.6%, with a compound annual growth rate of 15.6%.

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

During 2018–2021, Denmark traded iron or steel threaded fasteners with numerous countries. Even the top destinations—Germany, Sweden, and Norway—together made up only 46.5% of total exports in value terms.

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 threaded fasteners to Denmark

Imports in kind, t

Denmark's imports of iron or steel threaded fasteners declined for the second consecutive year. In 2021, imports totaled 67 576 tonnes, which is 1.8% lower than the previous year. Over the 2018-2021 period, imports increased by 3%, with a compound annual growth rate of 1.0%. The highest volume was recorded in 2019 at 71 825 tonnes, while the largest decline occurred in 2020 at 4.2%. The most significant increase was in 2019 with a 9.4% rise.

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

From 2018 to 2021, the main sources for Denmark's imports of iron or steel threaded fasteners by volume were Germany (29.6% of imports), Asia, not elsewhere specified (14.0%), and China (10.5%). Together, these three accounted for 54.0% 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

After a two-year decline, Denmark's imports of iron or steel threaded fasteners rebounded. In 2021, imports totaled 284.6 million US dollars, indicating a 21.8% year-over-year increase. Between 2018 and 2021, imports rose by 14%, equating to an average annual growth rate of 4.5%. The lowest value was recorded in 2020 at 233.7 million US dollars, and the largest decline was in 2019 at 4.5%.

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

In the period from 2018 to 2021, three principal markets—Germany, Asia, not elsewhere specified, and the United Kingdom—together represented 52.4% of Denmark's total imports of iron or steel threaded fasteners in value terms.

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

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