Denmark - Almonds - Market Analysis, Forecast, Size, Trends and Insights

Denmark: Almond Market Overview 2019

Almond Market Size in Denmark

The revenue of the almond market in Denmark amounted to $X in 2017, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, almond consumption continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the almond market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Almond Exports from Denmark

In 2017, the amount of almonds exported from Denmark stood at X tonnes, shrinking by -X% against the previous year. Overall, almond exports continue to indicate an abrupt drop. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. The exports peaked of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, almond exports stood at $X in 2017. In general, almond exports continue to indicate a drastic descent. Over the period under review, the almond exports attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Almond Exports by Country from Denmark

India (X tonnes), Norway (X tonnes) and Faroe Islands (X kg) were the main destinations of almond exports from Denmark.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Norway ($X) and Faroe Islands ($X) constituted the largest markets for almond exported from Denmark worldwide.

In terms of the main countries of destination , Poland (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Almond Export Prices by Country in Denmark

The average almond export price stood at $X per tonne in 2017, remaining relatively unchanged against the previous year. Overall, almond export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, an increase of X% y-o-y. The export price peaked of $X per kg in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Greenland ($X per kg), while average price for exports to Tanzania ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Greenland (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Almond Imports into Denmark

Almond imports into Denmark stood at X tonnes in 2017, declining by -X% against the previous year. Overall, almond imports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the almond imports reached its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, almond imports totaled $X in 2017. Overall, almond imports continue to indicate a drastic contraction. The imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Almond Imports by Country into Denmark

In 2017, Benin (X tonnes) was the main almond supplier to Denmark, accounting for X% share of total imports. Moreover, almond imports from Benin exceeded the figures recorded by the second largest supplier, Germany (X tonnes), sevenfold. Australia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Benin amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Australia (-X% per year).

In value terms, Benin ($X) constituted the largest supplier of almond to Denmark, making up X% of total almond imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Benin stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Australia (-X% per year).

Almond Import Prices by Country in Denmark

In 2017, the average almond import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, almond import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the average import prices for almonds reached its peak figure level of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from Benin ($X per tonne) and Australia ($X per tonne), while prices for almond imports from the U.S. ($X per tonne) and Germany ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Australia (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform