Denmark's import of iron ores and concentrates has experienced significant fluctuations over the past decade. From a high of 84.749 million kilograms in 2016, the volume dropped sharply by 41.61% in 2017, before picking up again in subsequent years. By 2023, the import volume stood at 69.626 million kilograms, showing a subdued but positive year-on-year increase of 2.54%. The last two years have shown stable growth, signaling a recovery from past volatility.
Future trends to watch for include moderate and steady growth, with a forecasted 5-year CAGR of 1.91%. This suggests a stable demand for iron ores and concentrates, likely driven by consistent industrial needs in Denmark. Monitoring global iron ore prices and Denmark's industrial production levels will be key to anticipating further changes in import volumes.
