Cereals; Millet, Seed Price in Denmark - 2023
Contents:
- Cereals; Millet, Seed Price in Denmark (CIF) - 2022
- Cereals; Millet, Seed Price in Denmark (FOB) - 2022
- Cereals; Millet, Seed Imports in Denmark
- Cereals; Millet, Seed Exports in Denmark
Cereals; Millet, Seed Price in Denmark (CIF) - 2022
The average cereals; millet, seed import price stood at $2,713 per ton in 2022, approximately reflecting the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 40%. Over the period under review, average import prices attained the maximum at $16,294 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,023 per ton), while the price for the Netherlands stood at $2,567 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+204.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Millet, Seed Price in Denmark (FOB) - 2022
The average cereals; millet, seed export price stood at $3,955 per ton in 2022, growing by 17% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 96% against the previous year. As a result, the export price reached the peak level of $8,000 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($5,555 per ton), while the average price for exports to Faroe Islands totaled $2,034 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-5.5%), while the prices for the other major destinations experienced a decline.
Cereals; Millet, Seed Imports in Denmark
For the third year in a row, Denmark recorded growth in purchases abroad of cereals; millet, seeds, which increased by 512% to 11 tons in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,900%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cereals; millet, seed imports surged to $30K in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,446% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cereals; Millet, Seed in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 0.1 | 4.1 | 19.2 | 1285.6% | |
| Germany | N/A | N/A | 10.7 | 0% | |
| Italy | N/A | 0.7 | N/A | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 0.2 | 4.8 | 29.9 | 1122.7% | |
Top Suppliers of Cereals; Millet, Seed to Denmark in 2022:
- Netherlands (7.5 tons)
- Germany (3.5 tons)
Cereals; Millet, Seed Exports in Denmark
In 2022, overseas shipments of cereals; millet, seeds were finally on the rise to reach 22 kg after two years of decline. Overall, exports, however, saw a dramatic setback.
In value terms, cereals; millet, seed exports skyrocketed to $87 in 2022. Over the period under review, exports, however, showed a dramatic setback.
| Export of Cereals; Millet, Seed in Denmark (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | N/A | N/A | N/A | 67.0 | 0% |
| Faroe Islands | 79.0 | 19.0 | 32.0 | 20.0 | -36.7% |
| Greenland | 495 | 73.0 | N/A | N/A | -85.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 574 | 92.0 | 32.0 | 87.0 | -46.7% |
Top Export Markets for Cereals; Millet, Seed from Denmark in 2022:
- Iceland (12.0 kg)
- Faroe Islands (10.0 kg)
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