Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark - 2023

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark (CIF) - 2023
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark (FOB) - 2022
  3. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark
  4. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark (CIF) - 2023

The average import price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $1,884 per ton in October 2023, with a decrease of -17.8% against the previous month. Over the period under review, the import price, however, posted a tangible increase. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 66% month-to-month. Over the period under review, average import prices hit record highs at $3,819 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($1,948 per ton), while the price for the Netherlands amounted to $1,876 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.5%).

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark (FOB) - 2022

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $2,355 per ton in 2022, dropping by -11.6% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -20.9% against 2019 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 80%. The export price peaked at $2,975 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($4,597 per ton), while the average price for exports to Iceland ($2,135 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark

For the fourth consecutive year, Denmark recorded growth in supplies from abroad of vegetables, brassica; brussel sprouts, fresh or chilleds, which increased by 4.4% to 930 tons in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.5% 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 +42.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds rose slightly to $1.6M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.2% 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 +65.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9619381,3061,52216.6%
Germany0.119.937.573.6802.9%
PolandN/AN/A143N/A0%
Others5.834.970.63.6-14.7%
Total9679931,5571,59918.3%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Denmark in 2022:

  1. Netherlands (879.7 tons)
  2. Germany (46.9 tons)

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark

In 2022, shipments abroad of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -4.4% to 18 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, the exports reached the peak of 20 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds dropped remarkably to $43K in 2022. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2020 with an increase of 10%. As a result, the exports attained the peak of $57K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland41.842.740.929.5-11.0%
Sweden2.85.02.85.424.5%
Faroe Islands2.13.44.44.932.6%
Greenland4.45.23.23.6-6.5%
Others0.10.2N/AN/A100.0%
Total51.256.551.343.4-5.4%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Denmark in 2022:

  1. Iceland (13.8 tons)
  2. Faroe Islands (1.8 tons)
  3. Greenland (1.6 tons)
  4. Sweden (1.2 tons)

Source: IndexBox Market Intelligence Platform

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