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20 JANUARY 2022 AL CIRCLE

Denmark’s import of aluminium stranded wire during 2019-21 exhibits volatile movement; 25% dip estimated for 2022

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Aluminium stranded wire has the deficient resistance empowering long fences to be powered up, diminishing the number of energizers required. The flexibility feature offered by the stranded aluminium wire makes working with this wire easier during installation and upshots in a neat clean look on the fence without compromising the fence’s performance. The commodity also has usage in other segments immensely.

Denmark’s import of aluminium stranded wire

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The economy of Denmark is majorly dependent on service industries, trade, and manufacturing. The Scandinavian nation imported 6098 tonnes of aluminium stranded wire during 2019-21, attracting revenue expenditure of around $11.58 million for the import.

The Danish import of aluminium stranded wire in 2019 was registered at 2545 tonnes, incurring revenue outflow of $6.49 million, whereas, in 2020, the import exhibited a plunge by 51%, as the import volume dropped to 1247 tonnes, counting expenditure of $3.09 million.

Denmark’s import of aluminium stranded wire during 2019-21 exhibits volatile movement

In 2021, the import demand recoiled with growth by 84.92%, as the import volume escalated to 2306 tonnes, while the expenditure accounted for $2 million approximately.

Denmark’s import of aluminium stranded wire for 2022 is analysed with a dip of 25.54%, as the import volume is anticipated to drop at 1717 tonnes and the expenditure to stand at $2.42 million.

Aluminium Industry Recap 2021

The major trading destinations for Denmark’s import of aluminium stranded wire are China, Italy, Norway, Sweden, Turkey, etc.

Tagged with:

Aluminium Europe China

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EDITED BY : RUPANKAR MAJUMDER 2MINS READ

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