Welded iron or steel tubes, pipes and hollow profiles market in Denmark

Earlier Report Observations

The Danish market for welded iron or steel tubes opened the period with notable activity from domestic manufacturers specializing in automation, such as GMF A/S in steel tube bending. However, market volume contracted to 120.9 thousand tons in 2019 from 133.7 thousand tons the previous year, before a partial recovery to 126.7 thousand tons in 2020. In value terms, the market declined from $242.5 million in 2018 to $195.3 million in 2020.

A significant expansion phase began in 2021, with market volume rising to 143.2 thousand tons and value surging to $318.3 million. Growth continued into 2022, reaching a peak of 157.0 thousand tons and $362.1 million. After a period of stabilization in 2023 at 155.8 thousand tons, volume increased again to 177.8 thousand tons in 2024, while market value adjusted to $317.0 million.

Production welded iron or steel tubes, pipes and hollow profiles in Denmark

In value, 2018-2021, K $ US

Following a two-year decline, Denmark's production of welded iron or steel tubes, pipes, and hollow profiles rebounded. In 2021, output reached 66 379 thousand US dollars, marking a significant increase of 38.5% compared to the previous year. Between 2018 and 2021, production grew by 8.9%, translating to an annualized rate of 2.9%. The lowest value was recorded in 2020 at 47 926 thousand US dollars, while the largest decline occurred in 2019 with a drop of 14.2%.

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

In kind, 2018-2021, t

After a two-year decrease, Denmark's production of welded iron or steel tubes, pipes, and hollow profiles saw an upturn. In 2021, the country produced 20 318 tonnes, representing a measured rise of 10.0% from 2020. Over the period from 2018 to 2021, production fell by 14.1%, equating to an annualized decline of 4.9%. The minimum output was recorded in 2020 at 18 478 tonnes, with the largest drop also occurring that year at 15.4%.

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

Exports welded iron or steel tubes, pipes and hollow profiles from Denmark

Exports in kind, K t

Following a two-year decline, Denmark's exports of welded iron or steel tubes, pipes, and hollow profiles increased. In 2021, exports stood at 32.8 thousand tonnes, up by 9.0% from the previous year. Between 2018 and 2021, exports decreased by 7.9%, corresponding to an annualized rate of -2.7%. The lowest export volume was recorded in 2020 at 30.1 thousand tonnes, while the largest decline happened in 2019 with an 8.2% drop.

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

From 2018 to 2021, Sweden, Norway, and Poland were the primary destinations for Denmark's exports of welded iron or steel tubes, pipes, and hollow profiles in volume terms. Sweden accounted for 29.6% of exports, Norway for 12.9%, and Poland for 12.4%, together making up 54.9% 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

After a two-year decline, Denmark's exports of welded iron or steel tubes, pipes, and hollow profiles in value terms rebounded. In 2021, exports totaled 111.4 million US dollars, reflecting an uptick of 23.1% compared to the previous year. Between 2018 and 2021, exports increased by 5.1%, equating to an annualized growth rate of 1.7%. The minimum value was recorded in 2020 at 90.4 million US dollars, with the largest decline occurring in 2019 at 13.2%.

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

From 2018 to 2021, Sweden, Norway, and Poland consistently remained the main destinations for Denmark's exports of welded iron or steel tubes, pipes, and hollow profiles in value terms. Sweden held a 24.7% share, Norway 16.7%, and Poland 9.2%, collectively accounting for 50.6% of total export flows.

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

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

Imports welded iron or steel tubes, pipes and hollow profiles to Denmark

Imports in kind, K t

Denmark's imports of welded iron or steel tubes, pipes, and hollow profiles increased for the second consecutive year. In 2021, imports reached 155.7 thousand tonnes, up by 12.5% from the previous year. Over the period from 2018 to 2021, imports grew by 6.9%, with a compound annual growth rate of 2.2%. The lowest import volume was recorded in 2019 at 131.7 thousand tonnes, and the largest decline also occurred that year with a 9.6% drop.

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

From 2018 to 2021, Italy, Germany, and Poland were the main sources in the geographical breakdown of Denmark's imports of welded iron or steel tubes, pipes, and hollow profiles in volume terms. Italy contributed 28.9% of imports, Germany 22.2%, and Poland 8.8%, together making up 59.9% 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

Following a two-year drop, Denmark's imports of welded iron or steel tubes, pipes, and hollow profiles in value terms surged. In 2021, imports totaled 363.3 million US dollars, equivalent to a dramatic gain of 52.8% over the past year. Over the period from 2018 to 2021, imports increased by 26.4%, with a compound annual growth rate of 8.1%. The minimum value was recorded in 2020 at 237.8 million US dollars, while the largest decline occurred in 2019 with a 15.2% drop.

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

From 2018 to 2021, Italy, Germany, and Austria continued to lead as the top suppliers of welded iron or steel tubes, pipes, and hollow profiles to Denmark in value terms. Italy accounted for 35.8% of imports, Germany for 22.2%, and Austria for 7.0%, jointly representing 65.0% 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