Price for Homogenised Composite Food Preparations in Denmark - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Denmark (CIF) - 2023
2. Price for Homogenised Composite Food Preparations in Denmark (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Denmark
4. Exports of Homogenised Composite Food Preparations in Denmark

Price for Homogenised Composite Food Preparations in Denmark (CIF) - 2023

In April 2023, the average homogenised composite food preparations import price amounted to $4,592 per ton, falling by -19.8% against the previous month. In general, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 106% against the previous month. As a result, import price reached the peak level of $9,135 per ton. From February 2023 to April 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($14,830 per ton), while the price for Spain ($3,806 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Denmark (FOB) - 2022

In 2022, the average homogenised composite food preparations export price amounted to $991 per ton, reducing by -42.3% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices reached the maximum at $1,716 per ton in 2021, and then declined markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -1.6% per year.

Imports of Homogenised Composite Food Preparations in Denmark

For the fourth consecutive year, Denmark recorded growth in supplies from abroad of homogenised composite food preparationses, which increased by 2.2% to 1K tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, homogenised composite food preparations imports rose sharply to $5.4M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Homogenised Composite Food Preparations to Denmark in 2022:

1. Sweden (303.1 tons)
2. Belgium (277.0 tons)
3. Spain (145.1 tons)
4. France (138.3 tons)
5. Germany (75.1 tons)
6. Netherlands (21.0 tons)
7. Austria (16.1 tons)

Exports of Homogenised Composite Food Preparations in Denmark

Homogenised composite food preparations exports from Denmark fell slightly to 2.6K tons in 2022, shrinking by -2.1% against the previous year. Over the period under review, exports continue to indicate a pronounced setback.

In value terms, homogenised composite food preparations exports reduced rapidly to $2.6M in 2022. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, the exports reached the peak of $4.5M, and then declined remarkably in the following year.

Top Export Markets for Homogenised Composite Food Preparations from Denmark in 2022:

1. Sweden (2528.9 tons)
2. Netherlands (0.1 tons)