Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Denmark - 2023

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark (CIF) - 2022

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $3,936 per ton in 2022, surging by 18% against the previous year. In general, the import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 28%. As a result, import price reached the peak level of $4,828 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,257 per ton), while the price for Spain ($2,464 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark (FOB) - 2022

In 2022, the average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $7,647 per ton, with an increase of 33% against the previous year. Over the period under review, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 86%. The export price peaked at $8,699 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Greenland ($8,630 per ton), while the average price for exports to Poland ($3,247 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 Faroe Islands (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark

Imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into Denmark surged to 416 tons in 2022, growing by 35% on the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +65.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia skyrocketed to $1.6M in 2022. Overall, imports showed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece45842672893927.0%
Italy18216313449839.9%
Poland259150136151-16.5%
Spain30.083.510.438.18.3%
Others61.810.315.211.2-43.4%
Total9918321,0241,63718.2%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Denmark in 2022:

  1. Greece (271.7 tons)
  2. Italy (94.8 tons)
  3. Poland (32.5 tons)
  4. Spain (15.5 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark

In 2022, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia from Denmark fell sharply to 3.6 tons, waning by -44.3% on 2021. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 4,477% against the previous year. As a result, the exports reached the peak of 6.5 tons, and then shrank remarkably in the following year.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia dropped remarkably to $28K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 2,930% against the previous year. As a result, the exports attained the peak of $38K, and then fell notably in the following year.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway0.70.12.124.6227.6%
Faroe IslandsN/AN/A0.61.5150.0%
Greenland2.21.11.40.9-25.8%
PolandN/AN/AN/A0.50%
Sweden1.7N/A1.60.3-43.9%
ItalyN/AN/A31.9N/A0%
OthersN/AN/AN/AN/A0%
Total4.61.237.727.982.4%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Denmark in 2022:

  1. Norway (3036.0 kg)
  2. Faroe Islands (270.0 kg)
  3. Poland (166.0 kg)
  4. Greenland (108.0 kg)
  5. Sweden (64.0 kg)

Source: IndexBox Market Intelligence Platform

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