Denmark - Almonds - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Denmark: Almond Market Overview 2020

Almond Market Size in Denmark

The revenue of the almond market in Denmark amounted to $X in 2018, going up 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). Over the period under review, almond consumption continues to indicate a mild increase. The growth pace was the most rapid in 2018 when the market value increased by X% y-o-y. In that year, the almond market attained its peak level and is likely to continue its growth in the immediate term.

Almond Exports

Exports from Denmark

In 2018, approx. X tonnes of almonds were exported from Denmark; going down by -X% against the previous year. Overall, almond exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, almond exports attained their maximum at X tonnes in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, almond exports stood at $X in 2018. Overall, almond exports continue to indicate a significant slump. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, almond exports attained their peak figure at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

India (X tonnes), Sweden (X tonnes) and Germany (X kg) were the main destinations of almond exports from Denmark, with a combined X% share of total exports. Uganda, Faroe Islands, Greenland and Tanzania lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Tanzania, while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual rate of growth in terms of value to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and India (-X% per year).

Export Prices by Country

In 2018, the average almond export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the almond export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for almonds reached their peak figure at $X per tonne in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Almond Imports

Imports into Denmark

Almond imports into Denmark totaled X tonnes in 2018, rising by X% against the previous year. Over the period under review, almond imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, almond imports stood at $X in 2018. In general, almond imports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. In that year, almond imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Benin (X tonnes) was the main supplier of almond to Denmark, accounting for a X% share of total imports. It was followed by Germany (X tonnes), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from Benin was relatively modest.

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

From 2007 to 2018, the average annual growth rate of value from Benin stood at +X%.

Import Prices by Country

The average almond import price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the almond import price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% year-to-year. In that year, the average import prices for almonds reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for almonds remained at a somewhat 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 Benin amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox AI Platform