Denmark - Smoked Pacific, Atlantic And Danube Salmon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSmoked Salmon Price in Denmark - 2023
Contents:
- Smoked Salmon Price in Denmark (FOB) - 2023
- Smoked Salmon Price in Denmark (CIF) - 2023
- Smoked Salmon Exports in Denmark
- Smoked Salmon Imports in Denmark
Smoked Salmon Price in Denmark (FOB) - 2023
The average smoked salmon export price stood at $19,810 per ton in August 2023, declining by -4.3% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 11% month-to-month. The export price peaked at $21,917 per ton in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($26,270 per ton), while the average price for exports to the Czech Republic ($11,732 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Smoked Salmon Price in Denmark (CIF) - 2023
The average smoked salmon import price stood at $20,926 per ton in August 2023, surging by 7.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 10% m-o-m. Over the period under review, average import prices hit record highs in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($24,897 per ton), while the price for Poland ($14,125 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Smoked Salmon Exports in Denmark
In 2022, approx. 9.2K tons of smoked pacific, atlantic and danube salmon were exported from Denmark; surging by 23% compared with 2021 figures. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, smoked salmon exports skyrocketed to $161M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Smoked Salmon in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 39.9 | 40.4 | 36.3 | 46.3 | 5.1% |
| Germany | 24.6 | 15.8 | 20.2 | 27.3 | 3.5% |
| Italy | 35.1 | 28.3 | 25.2 | 22.1 | -14.3% |
| United States | 1.4 | 2.0 | 7.7 | 20.1 | 143.0% |
| New Zealand | 6.9 | 7.4 | 7.0 | 9.5 | 11.2% |
| Netherlands | 1.7 | 1.7 | 3.5 | 6.1 | 53.1% |
| Switzerland | 2.1 | 1.9 | 2.6 | 5.0 | 33.5% |
| Czech Republic | 1.1 | 1.1 | 2.6 | 3.7 | 49.8% |
| France | 2.6 | 1.8 | 2.5 | 3.0 | 4.9% |
| Austria | 0.6 | 0.5 | 0.5 | 2.7 | 65.1% |
| Spain | 2.0 | 0.9 | 1.2 | 1.5 | -9.1% |
| Others | 11.3 | 4.9 | 10.1 | 14.0 | 7.4% |
| Total | 129 | 107 | 119 | 161 | 7.7% |
Top Export Markets for Smoked Salmon from Denmark in 2022:
- Australia (2416.8 tons)
- Germany (1866.8 tons)
- Italy (1351.7 tons)
- United States (828.8 tons)
- New Zealand (461.0 tons)
- Netherlands (422.6 tons)
- Czech Republic (372.0 tons)
- Switzerland (232.1 tons)
- France (154.5 tons)
- Austria (147.9 tons)
- Spain (139.2 tons)
Smoked Salmon Imports in Denmark
In 2022, overseas purchases of smoked pacific, atlantic and danube salmon were finally on the rise to reach 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt downturn.
In value terms, smoked salmon imports surged to $43M in 2022. In general, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.9% 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 +53.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Smoked Salmon in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 17.8 | 10.9 | 10.3 | 15.1 | -5.3% |
| Spain | N/A | N/A | N/A | 9.1 | 0% |
| Poland | 12.2 | 6.3 | 8.6 | 6.4 | -19.3% |
| Germany | 5.7 | 5.3 | 5.0 | 4.5 | -7.6% |
| Sweden | 2.5 | 3.2 | 4.1 | 2.6 | 1.3% |
| Norway | 0.3 | 1.1 | 1.4 | 2.1 | 91.3% |
| Lithuania | 1.4 | 0.4 | 0.4 | 1.2 | -5.0% |
| Others | 1.0 | 1.0 | 0.6 | 2.3 | 32.0% |
| Total | 40.9 | 28.2 | 30.5 | 43.2 | 1.8% |
Top Suppliers of Smoked Salmon to Denmark in 2022:
- Latvia (748.1 tons)
- Poland (631.3 tons)
- Spain (565.9 tons)
- Germany (285.6 tons)
- Sweden (151.8 tons)
- Norway (91.6 tons)
- Lithuania (87.6 tons)
This report provides an in-depth analysis of the smoked salmon 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:
- Prodcom 10202420 -
- Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
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
- 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 VOLUME AND VALUE
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
- 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
- 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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