Denmark: Almond Market 2022

Almond Exports

Exports from Denmark

In 2021, the amount of almonds exported from Denmark surged to X tonnes, increasing by X% against the year before. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, almond exports soared to $X in 2021. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tonnes) was the main destination for almond exports from Denmark, accounting for a X% share of total exports. Moreover, almond exports to Sweden exceeded the volume sent to the second major destination, Greenland (X tonnes), more than tenfold. The third position in this ranking was occupied by Norway (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greenland (+X% per year) and Norway (+X% per year).

In value terms, Sweden ($X) emerged as the key foreign market for almond exports from Denmark, comprising X% of total exports. The second position in the ranking was occupied by Greenland ($X), with a X% share of total exports. It was followed by Norway, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Sweden stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greenland (+X% per year) and Norway (+X% per year).

Export Prices by Country

The average almond export price stood at $X per tonne in 2021, which is down by -X% against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. Over the period under review, the average export prices attained the maximum at $X per tonne in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Norway ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands (+X%), while the prices for the other major destinations experienced a decline.

Almond Imports

Imports into Denmark

In 2021, almond imports into Denmark was estimated at X tonnes, with an increase of X% on the previous year's figure. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, almond imports soared to $X in 2021. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Sweden (X tonnes) constituted the largest supplier of almond to Denmark, with a X% share of total imports. Moreover, almond imports from Sweden exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), twofold. Poland (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Poland (+X% per year).

In value terms, the largest almond suppliers to Denmark were Sweden ($X), Spain ($X) and Poland ($X), together accounting for X% of total imports. Italy, Germany, Lithuania and the United States lagged somewhat behind, together comprising a further X terms of the main suppliers, Lithuania, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average almond import price amounted to $X per tonne, picking up by X% against the previous year. In general, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, almond import price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per tonne), while the price for the United States ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform