Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark (FOB) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark (CIF) - 2023
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark (FOB) - 2023
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,534 per ton in November 2023, surging by 21% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.2%. Over the period under review, the average export prices reached the maximum at $4,141 per ton in June 2023; however, from July 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Iceland ($11,459 per ton), while the average price for exports to Sweden ($2,061 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark (CIF) - 2023
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,683 per ton in November 2023, remaining stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in December 2022 an increase of 14% month-to-month. The import price peaked at $4,742 per ton in October 2023, and then fell modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was France ($7,005 per ton), while the price for the Netherlands ($3,081 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark
In 2022, overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -0.1% to 9.8K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 3.3%. As a result, the exports reached the peak of 10K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses contracted to $24M in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, the exports attained the peak of $25M, and then reduced in the following year.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 10.7 | 9.9 | 10.6 | 10.5 | -0.6% |
| Germany | 3.4 | 2.4 | 2.6 | 2.9 | -5.2% |
| France | 1.7 | 1.2 | 2.0 | 2.7 | 16.7% |
| Iceland | 1.7 | 1.5 | 1.7 | 1.6 | -2.0% |
| Norway | 0.9 | 0.9 | 1.1 | 1.0 | 3.6% |
| Netherlands | 2.0 | 2.3 | 2.4 | 0.7 | -29.5% |
| Finland | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
| United Kingdom | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
| Others | 3.8 | 4.2 | 4.0 | 3.6 | -1.8% |
| Total | 24.8 | 23.0 | 25.3 | 24.3 | -0.7% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Denmark in 2022:
- Sweden (7.7K tons)
- Germany (0.7K tons)
- Iceland (0.2K tons)
- Finland (0.2K tons)
- France (0.2K tons)
- United Kingdom (0.2K tons)
- Netherlands (0.1K tons)
- Norway (0.1K tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark
Imports of soups and broths and preparations therefor; homogenised composite food preparationses into Denmark stood at 5.6K tons in 2022, flattening at the previous year. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 3.2%. As a result, imports attained the peak of 5.7K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses expanded sharply to $21M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.6 | 3.8 | 4.3 | 4.5 | 7.7% |
| France | 2.8 | 1.9 | 3.1 | 2.4 | -5.0% |
| Germany | 3.0 | 2.9 | 2.7 | 2.4 | -7.2% |
| Netherlands | 1.2 | 1.5 | 1.7 | 2.1 | 20.5% |
| China | 0.6 | 1.0 | 0.8 | 1.7 | 41.5% |
| Poland | 1.9 | 2.0 | 2.0 | 1.4 | -9.7% |
| Finland | 0.2 | 0.2 | 0.2 | 1.2 | 81.7% |
| Italy | 0.2 | 0.7 | 1.1 | 0.9 | 65.1% |
| Belgium | 0.2 | 0.1 | 0.7 | 0.9 | 65.1% |
| Spain | 0.7 | 0.8 | 0.8 | 0.9 | 8.7% |
| Thailand | 1.4 | 1.0 | 0.4 | N/A | -46.5% |
| Others | 1.7 | 1.6 | 1.8 | 2.2 | 9.0% |
| Total | 17.6 | 17.5 | 19.5 | 20.6 | 5.4% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Denmark in 2022:
- Sweden (1153.1 tons)
- Netherlands (940.8 tons)
- Germany (810.1 tons)
- Poland (501.5 tons)
- China (381.7 tons)
- Spain (328.5 tons)
- Belgium (318.2 tons)
- Finland (278.9 tons)
- Italy (260.5 tons)
- France (203.5 tons)
- Thailand (0.2 tons)
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