Denmark - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Palm Oil Price in Denmark - 2023
Contents:
- Crude Palm Oil Price in Denmark (CIF) - 2023
- Crude Palm Oil Price in Denmark (FOB) - 2022
- Crude Palm Oil Imports in Denmark
- Crude Palm Oil Exports in Denmark
Crude Palm Oil Price in Denmark (CIF) - 2023
In July 2023, the average crude palm oil import price amounted to $1,264 per ton, with an increase of 20% against the previous month. Over the period under review, the import price posted a resilient increase. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 416% month-to-month. As a result, import price reached the peak level of $7,070 per ton. From November 2022 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($2,554 per ton), while the price for Germany stood at $1,252 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Crude Palm Oil Price in Denmark (FOB) - 2022
In 2022, the average crude palm oil export price amounted to $3,338 per ton, rising by 65% against the previous year. Over the period under review, the export price saw a tangible expansion. The growth pace was the most rapid in 2018 an increase of 169% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Greenland.
From 2012 to 2022, the rate of growth in terms of prices for Greenland amounted to +3.5% per year.
Crude Palm Oil Imports in Denmark
Crude palm oil imports into Denmark declined sharply to 6K tons in 2022, waning by -47.8% against 2021. Overall, imports recorded a dramatic contraction. The smallest decline of -12% was in 2020.
In value terms, crude palm oil imports shrank markedly to $7.5M in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $12M, and then reduced dramatically in the following year.
| Import of Crude Palm Oil in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.3 | 0.1 | 2.1 | 5.8 | 64.6% |
| Malaysia | N/A | 6.3 | 7.7 | 1.4 | -52.9% |
| Germany | 1.3 | 0.3 | N/A | N/A | -76.9% |
| Indonesia | 7.4 | 3.0 | 2.1 | N/A | -46.7% |
| Others | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Total | 10.0 | 9.8 | 12.1 | 7.5 | -9.1% |
Top Suppliers of Crude Palm Oil to Denmark in 2022:
- Netherlands (4.8K tons)
- Malaysia (1.0K tons)
Crude Palm Oil Exports in Denmark
In 2022, overseas shipments of crude palm oil were finally on the rise to reach 38 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep setback.
In value terms, crude palm oil exports soared to $126K in 2022. Overall, exports saw prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Crude Palm Oil in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 74.7 | 51.6 | 62.1 | 126 | 19.0% |
| Belgium | 10.2 | 9.4 | N/A | N/A | -7.8% |
| Others | 7.9 | N/A | N/A | 0.3 | -66.4% |
| Total | 92.9 | 61.0 | 62.1 | 126 | 10.7% |
Top Export Markets for Crude Palm Oil from Denmark in 2022:
- Greenland (37.7 tons)
This report provides an in-depth analysis of the crude palm oil market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 257 - Oil of palm
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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