Denmark: Avocado Market Overview 2021

Avocado Market Size in Denmark

After nine years of growth, the Danish avocado market decreased by -X% to $X in 2019. In general, consumption, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2018, and then declined modestly in the following year.

Avocado Exports

Exports from Denmark

For the fifth year in a row, Denmark recorded growth in shipments abroad of avocados, which increased by X% to X tonnes in 2019. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, avocado exports skyrocketed to $X in 2019. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2019 and are likely to see gradual growth in years to come.

Exports by Country

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

From 2007 to 2019, the average annual rate of growth in terms of volume to Finland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Sweden (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value to Finland totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Sweden (+X% per year).

Export Prices by Country

In 2019, the average avocado export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, export price indicated perceptible growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Denmark

In 2019, supplies from abroad of avocados decreased by -X% to X tonnes for the first time since 2013, thus ending a five-year rising trend. In general, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018, and then shrank in the following year.

In value terms, avocado imports stood at $X in 2019. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are likely to continue growth in the near future.

Imports by Country

In 2019, the Netherlands (X tonnes) constituted the largest avocado supplier to Denmark, accounting for a X% share of total imports. Moreover, avocado imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), fivefold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Germany (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average avocado import price stood at $X per tonne in 2019, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 an increase of X% y-o-y. The import price peaked in 2019 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Spain ($X per tonne) and Germany ($X per tonne), while the price for the Netherlands ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain, 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 avocados in the world?

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The countries with the highest volumes of avocado consumption in 2019 were the U.S. (1.2M tonnes), Mexico (1.1M tonnes) and the Dominican Republic (626K tonnes), with a combined 41% share of global consumption. These countries were followed by Colombia, Indonesia, Brazil, Haiti, Peru, Kenya, China, France, Guatemala and Venezuela, which together accounted for a further 33%.

What are the largest producers of avocados in the world?

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Mexico (2.3M tonnes) constituted the country with the largest volume of avocado production, accounting for 33% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (662K tonnes), threefold. The third position in this ranking was occupied by Peru (536K tonnes), with a 7.6% share.

What are the leading suppliers of avocados to Denmark?

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In value terms, the Netherlands ($48M) constituted the largest supplier of avocado to Denmark, comprising 73% of total imports. The second position in the ranking was occupied by Spain ($13M), with a 19% share of total imports. It was followed by Germany, with a 4.7% share.

What are the leading importers of avocados from Denmark?

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In value terms, Finland ($4.1M) remains the key foreign market for avocado exports from Denmark, comprising 46% of total exports. The second position in the ranking was occupied by Norway ($1.9M), with a 22% share of total exports. It was followed by Sweden, with a 16% share.

What is the average export price for avocados in Denmark?

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In 2019, the average avocado export price amounted to $3,088 per tonne, reducing by -5.3% against the previous year.

What is the average import price for avocados in Denmark?

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In 2019, the average avocado import price amounted to $3,314 per tonne, with an increase of 16% against the previous year.