Denmark - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQuinoa Price in Denmark - 2023
Contents:
- Quinoa Price in Denmark (CIF) - 2023
- Quinoa Price in Denmark (FOB) - 2022
- Quinoa Imports in Denmark
- Quinoa Exports in Denmark
Quinoa Price in Denmark (CIF) - 2023
In October 2023, the average quinoa import price amounted to $3,067 per ton, growing by 9.4% against the previous month. In general, import price indicated a measured expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, quinoa import price increased by +28.7% against August 2023 indices. The pace of growth was the most pronounced in March 2023 when the average import price increased by 53% m-o-m. The import price peaked at $3,581 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($5,955 per ton), while the price for Spain ($2,622 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Quinoa Price in Denmark (FOB) - 2022
In 2022, the average quinoa export price amounted to $3,579 per ton, waning by -20.5% against the previous year. In general, the export price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2020 an increase of 47%. Over the period under review, the average export prices hit record highs at $8,486 per ton in 2014; however, from 2015 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 Norway ($7,462 per ton), while the average price for exports to Finland ($2,423 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 Portugal (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.
Quinoa Imports in Denmark
In 2022, after two years of decline, there was significant growth in purchases abroad of quinoa, when their volume increased by 25% to 850 tons. Over the period under review, imports, however, saw a deep setback.
In value terms, quinoa imports totaled $1.9M in 2022. In general, imports, however, continue to indicate a abrupt descent.
| Import of Quinoa in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 1,230 | 855 | 559 | 791 | -13.7% |
| Netherlands | 398 | 516 | 457 | 435 | 3.0% |
| Germany | 516 | 676 | 499 | 405 | -7.8% |
| France | 19.4 | N/A | 6.2 | 74.2 | 56.4% |
| Sweden | 78.2 | 64.4 | 59.1 | 73.9 | -1.9% |
| Bolivia | 134 | 61.4 | 114 | 55.7 | -25.4% |
| United Kingdom | 469 | 305 | N/A | N/A | -35.0% |
| Others | 258 | 46.4 | 67.3 | 31.5 | -50.4% |
| Total | 3,103 | 2,524 | 1,761 | 1,867 | -15.6% |
Top Suppliers of Quinoa to Denmark in 2022:
- Peru (451.8 tons)
- Netherlands (205.9 tons)
- Germany (118.5 tons)
- France (26.6 tons)
- Bolivia (23.0 tons)
- Sweden (13.2 tons)
Quinoa Exports in Denmark
Quinoa exports from Denmark skyrocketed to 171 tons in 2022, growing by 203% on 2021 figures. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, quinoa exports skyrocketed to $611K in 2022. In general, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Quinoa in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.8 | 0.9 | 1.1 | 242 | 571.3% |
| Sweden | 121 | 86.6 | 106 | 113 | -2.3% |
| Iceland | 12.0 | 11.2 | 22.5 | 66.5 | 77.0% |
| Russia | N/A | N/A | 35.5 | 48.1 | 35.5% |
| Finland | 46.3 | 32.5 | 39.6 | 39.2 | -5.4% |
| United Kingdom | 0.1 | 0.4 | 1.4 | 30.0 | 569.4% |
| Norway | 34.0 | 29.0 | 26.4 | 29.2 | -4.9% |
| Liechtenstein | N/A | N/A | N/A | 12.0 | 0% |
| Netherlands | 49.3 | 0.5 | 0.4 | 0.7 | -75.8% |
| Belgium | 204 | 0.2 | 0.4 | 0.4 | -87.5% |
| Poland | 28.7 | N/A | N/A | N/A | 0% |
| Others | 20.9 | 12.6 | 20.5 | 28.6 | 11.0% |
| Total | 517 | 174 | 254 | 611 | 5.7% |
Top Export Markets for Quinoa from Denmark in 2022:
- Germany (71.6 tons)
- Sweden (27.5 tons)
- Russia (19.2 tons)
- Finland (16.2 tons)
- Iceland (15.5 tons)
- Liechtenstein (4.8 tons)
- United Kingdom (4.3 tons)
- Norway (3.9 tons)
- Netherlands (0.1 tons)
This report provides an in-depth analysis of the quinoa 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 92 - Quinoa
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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