Market research

Stainless steel wire market in Denmark

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Danish stainless steel wire market, measured in value terms, showed considerable volatility from 2018 to 2024. Consumption increased to 13.4 million US dollars in 2019 but then fell sharply to 8.1 million US dollars in 2020.

A rebound to 11.0 million US dollars occurred in 2021, followed by another decline to 9.0 million US dollars in 2022. The market recovered to 11.2 million US dollars in 2023 before decreasing to 8.5 million US dollars in 2024, indicating no consistent growth trend.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Denmark
  1. 5.1.1. In kind, 2018-2024, t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production stainless steel wire in Denmark

In value, 2018-2021, $ US

Denmark's stainless steel wire production has grown for the third year in a row. In 2021, output was valued at 76 209 US dollars, marking a 19.8% increase from the previous year. From 2018 to 2021, production rose by 77.7%, which translates to an average annual growth rate of 21.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.7%	47.3%	19.8%	21.1%

Source: SHEV.io

In kind, 2018-2021, kg

Stainless steel wire production in Denmark has increased for the third consecutive year. In 2021, Denmark produced 18 529 kilograms, up 15.4% compared to 2020. Between 2018 and 2021, production grew by 66.7%, equating to an average annual rate of 18.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	4.7%	38.0%	15.4%	18.6%

Source: SHEV.io

Exports stainless steel wire from Denmark

Exports in kind, t

In 2021, Denmark's stainless steel wire export volume was 1 744 tonnes, showing a significant drop of 12.6% from 2020. From 2018 to 2021, exports increased by 13%, with an average annual growth rate of 4.2%. The lowest volume was recorded in 2019 at 1 527 tonnes, while the peak occurred in 2020 at 1 994 tonnes. The largest increase was in 2020, with a 30.6% rise.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(1.0%)	30.6%	(12.6%)	4.2%

Source: SHEV.io

Between 2018 and 2021, Germany and Sweden were the primary markets for Denmark's stainless steel wire exports in volume terms, together accounting for 80.8% of total flows, with other partners making up the remainder.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Denmark's stainless steel wire exports have grown for the third consecutive year. In 2021, exports totaled 6 308 thousand US dollars, an 11.4% increase from the previous year. Over the period from 2018 to 2021, exports rose by 42.7%, with a compound annual growth rate of 12.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	6.3%	20.5%	11.4%	12.6%

Source: SHEV.io

From 2018 to 2021, Germany, Sweden, and Switzerland were the key destinations for Denmark's stainless steel wire exports in value terms. Germany accounted for 61.4% of exports, Sweden for 9.5%, and Switzerland for 7.6%, together representing 78.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports stainless steel wire to Denmark

Imports in kind, t

In 2021, Denmark's stainless steel wire import volume reached 2 825 tonnes, a 24.1% increase from the previous year. Between 2018 and 2021, imports grew by 6.8%, with an average annual rate of 2.2%. The lowest volume was in 2020 at 2 277 tonnes, while the highest was in 2019 at 3 880 tonnes. The largest decline occurred in 2020, with a 41.3% drop, and the largest increase was in 2019, with a 46.7% rise.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	46.7%	(41.3%)	24.1%	2.2%

Source: SHEV.io

From 2018 to 2021, Sweden, India, and Germany were the top contributors to Denmark's stainless steel wire imports in volume terms. Sweden accounted for 38.7% of imports, India for 22.1%, and Germany for 11.6%, together making up 72.4% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2021, Denmark's stainless steel wire imports totaled 17 268 thousand US dollars, reflecting a sharp increase of 25.9% from the previous year. Over the period from 2018 to 2021, imports rose by 12.1%, with a compound annual growth rate of 3.9%. The lowest value was recorded in 2020 at 13 713 thousand US dollars, while the peak was in 2019 at 18 080 thousand US dollars. The largest decline was in 2020, with a 24.2% drop.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	17.3%	(24.2%)	25.9%	3.9%

Source: SHEV.io

Between 2018 and 2021, the United States, Sweden, and India led as the main suppliers of stainless steel wire to Denmark in value terms. The United States accounted for 35.5% of imports, Sweden for 19.2%, and India for 11.2%, together representing 65.9% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io