Denmark: Barley Market 2024

Barley Market Size in Denmark

The Danish barley market surged to $X in 2022, growing by X% against the previous year. In general, consumption, however, continues to indicate a mild contraction. Barley consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Barley Production in Denmark

In value terms, barley production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Barley production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of barley in Denmark rose sharply to X tons per ha in 2022, growing by X% against 2021. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the yield increased by X% against the previous year. Over the period under review, the average barley yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The barley harvested area in Denmark rose slightly to X ha in 2022, increasing by X% compared with 2021. In general, the harvested area, however, showed a mild setback. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the barley harvested area failed to regain momentum.

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Barley Exports

Exports from Denmark

After two years of growth, overseas shipments of barley decreased by X% to X tons in 2022. In general, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, barley exports dropped markedly to $X in 2022. Overall, exports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), the Netherlands (X tons) and Poland (X tons) were the main destinations of barley exports from Denmark, with a combined X% share of total exports. Sweden, Canada, Belgium, Finland, China, Romania, Spain, France and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for barley exported from Denmark were Germany ($X), the Netherlands ($X) and Poland ($X), together comprising X% of total exports. Canada, Sweden, Belgium, China, Finland, Romania, Spain, France and Russia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average barley export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Barley Imports

Imports into Denmark

In 2022, purchases abroad of barley was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, barley imports surged to $X in 2022. Over the period under review, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of barley to Denmark, accounting for a X% share of total imports. Moreover, barley imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. The third position in this ranking was held by Sweden (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Sweden (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Sweden (X% per year).

Import Prices by Country

The average barley import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barley import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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