Denmark - Sugar - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugar Price in Denmark - 2023
Contents:
- Sugar Price in Denmark (CIF) - 2023
- Sugar Price in Denmark (FOB) - 2023
- Sugar Imports in Denmark
- Sugar Exports in Denmark
Sugar Price in Denmark (CIF) - 2023
The average sugar import price stood at $2,156 per ton in July 2023, growing by 9.5% against the previous month. Overall, the import price recorded a remarkable increase. The pace of growth was the most pronounced in October 2022 an increase of 515% against the previous month. Over the period under review, average import prices attained the maximum at $2,258 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($4,004 per ton), while the price for Lithuania ($1,288 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Colombia (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugar Price in Denmark (FOB) - 2023
In July 2023, the average sugar export price amounted to $2,575 per ton, rising by 7.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in April 2023 an increase of 29% month-to-month. As a result, the export price attained the peak level of $2,855 per ton. From May 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($4,639 per ton), while the average price for exports to Faroe Islands ($1,452 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sugar Imports in Denmark
For the fourth consecutive year, Denmark recorded growth in purchases abroad of sugar, which increased by 15% to 6K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.0% 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 +77.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, sugar imports amounted to $6.8M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.5% 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 +79.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 31%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sugar in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,767 | 2,998 | 3,556 | 3,537 | 26.0% |
| Sweden | 1,089 | 1,048 | 964 | 1,564 | 12.8% |
| Netherlands | 83.1 | 77.6 | 99.6 | 375 | 65.3% |
| Lao People's Democratic Republic | N/A | N/A | 571 | 196 | -65.7% |
| Finland | 276 | 279 | 251 | 194 | -11.1% |
| Lithuania | 121 | 173 | 144 | 92.8 | -8.5% |
| France | 53.3 | 93.5 | 70.1 | 0.4 | -80.4% |
| Others | 409 | 308 | 634 | 847 | 27.5% |
| Total | 3,798 | 4,976 | 6,291 | 6,807 | 21.5% |
Top Suppliers of Sugar to Denmark in 2022:
- Germany (4291.9 tons)
- Sweden (776.5 tons)
- Netherlands (217.4 tons)
- Lao People's Democratic Republic (192.0 tons)
- Finland (130.6 tons)
- Lithuania (91.9 tons)
- France (1.0 tons)
Sugar Exports in Denmark
In 2022, overseas shipments of sugar were finally on the rise to reach 883 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a mild increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sugar exports skyrocketed to $1.7M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sugar in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,011 | 1,000 | 1,040 | 1,041 | 1.0% |
| Poland | 24.7 | 23.2 | 29.8 | 138 | 77.4% |
| Germany | 98.9 | 52.7 | 55.2 | 107 | 2.7% |
| Iceland | 94.2 | 75.9 | 121 | 98.3 | 1.4% |
| Greenland | 125 | 123 | 81.8 | 95.5 | -8.6% |
| Sweden | 42.9 | 26.8 | 23.4 | 59.2 | 11.3% |
| Faroe Islands | 34.1 | 42.0 | 39.9 | 41.3 | 6.6% |
| Others | 57.5 | 30.9 | 50.9 | 101 | 20.7% |
| Total | 1,489 | 1,375 | 1,442 | 1,682 | 4.1% |
Top Export Markets for Sugar from Denmark in 2022:
- Norway (462.4 tons)
- Greenland (114.6 tons)
- Poland (90.7 tons)
- Iceland (59.9 tons)
- Faroe Islands (41.0 tons)
- Sweden (35.7 tons)
- Germany (33.6 tons)
This report provides an in-depth analysis of the sugar 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 162 - Sugar, Raw Centrifugal
- FCL 163 - Sugar, Non-Centrifugal
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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Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
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This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
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The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
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The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
