Denmark: Almond Market Overview 2021

Almond Market Size in Denmark

The Danish almond market was finally on the rise to reach $X in 2019, after two years of decline. In general, consumption, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Almond Production in Denmark

In value terms, almond production stood at $X in 2019 estimated in export prices. Over the period under review, production recorded a significant increase. Over the period under review, production hit record highs in 2019 and is likely to see steady growth in the immediate term.

The average yield of almonds in Denmark was estimated at X kg per ha in 2019, remaining stable against the previous year's figure. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the almond harvested area in Denmark totaled X ha, leveling off at the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Almond Exports

Exports from Denmark

After two years of growth, shipments abroad of almonds decreased by -X% to X tonnes in 2019. Over the period under review, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2018, and then shrank markedly in the following year.

In value terms, almond exports contracted sharply to $X in 2019. In general, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2018, and then declined dramatically in the following year.

Exports by Country

Sweden (X tonnes) was the main destination for almond exports from Denmark, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Sweden stood at +X%.

In value terms, Sweden ($X) also remains the key foreign market for almond exports from Denmark.

From 2007 to 2019, the average annual growth rate of value to Sweden amounted to +X%.

Export Prices by Country

The average almond export price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2007 to 2019, the rate of growth in terms of prices for Sweden amounted to -X% per year.

Almond Imports

Imports into Denmark

For the third consecutive year, Denmark recorded decline in overseas purchases of almonds, which decreased by -X% to X tonnes in 2019. Overall, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, almond imports shrank significantly to $X in 2019. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tonnes), Sweden (X tonnes) and Spain (X tonnes) were the main suppliers of almond imports to Denmark, together comprising X% of total imports.

From 2007 to 2019, the biggest increases were in Sweden, while purchases for the other leaders experienced a decline.

In value terms, Germany ($X), Spain ($X) and Sweden ($X) constituted the largest almond suppliers to Denmark, with a combined X% share of total imports.

Among the main suppliers, Sweden saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2019, the average almond import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price enjoyed a pronounced increase. The growth pace was the most rapid in 2018 an increase of X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for almonds in the world?

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The U.S. (1.7M tonnes) remains the largest almond consuming country worldwide, comprising approx. 50% of total volume. Moreover, almond consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Spain (338K tonnes), fivefold. The third position in this ranking was occupied by Iran (182K tonnes), with a 5.3% share.

What are the largest producers of almonds in the world?

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The country with the largest volume of almond production was the U.S. (1.9M tonnes), comprising approx. 55% of total volume. Moreover, almond production in the U.S. exceeded the figures recorded by the second-largest producer, Spain (340K tonnes), sixfold. The third position in this ranking was occupied by Iran (177K tonnes), with a 5.1% share.

What are the leading suppliers of almonds to Denmark?

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In value terms, the largest almond suppliers to Denmark were Germany ($205K), Spain ($114K) and Sweden ($70K), together comprising 88% of total imports.

What are the leading importers of almonds from Denmark?

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In value terms, Sweden ($532K) remains the key foreign market for almond exports from Denmark.

What is the average export price for almonds in Denmark?

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In 2019, the average almond export price amounted to $7,824 per tonne, reducing by -3.4% against the previous year.

What is the average import price for almonds in Denmark?

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The average almond import price stood at $9,056 per tonne in 2019, picking up by 9.7% against the previous year.