Denmark: Green Bean Market 2022

Green Bean Market Size in Denmark

The Danish green bean market soared to $X in 2021, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Green Bean Production in Denmark

In value terms, green bean production shrank sharply to $X in 2021 estimated in export prices. Over the period under review, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

In 2021, the average green bean yield in Denmark rose notably to X kg per ha, surging by X% compared with the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the yield increased by X% year-to-year. As a result, the yield reached the peak level of X kg per ha. From 2014 to 2021, the growth of the average green bean yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of green beans production in Denmark was estimated at X ha, stabilizing at 2020 figures. Overall, the harvested area saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. As a result, the harvested area reached the peak level of X ha. From 2015 to 2021, the growth of the green bean harvested area failed to regain momentum.

Green Bean Exports

Exports from Denmark

In 2021, the amount of green beans exported from Denmark expanded rapidly to X tonnes, picking up by X% compared with 2020 figures. In general, exports enjoyed a prominent increase. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. The exports peaked at X tonnes in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, green bean exports expanded significantly to $X in 2021. Over the period under review, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Sweden (X tonnes) was the main destination for green bean exports from Denmark, with a X% share of total exports. Moreover, green bean exports to Sweden exceeded the volume sent to the second major destination, Greenland (X tonnes), fourfold. Iceland (X tonnes) ranked third in terms of total exports with an X% share.

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

In value terms, Sweden ($X) remains the key foreign market for green bean exports from Denmark, comprising X% of total exports. The second position in the ranking was occupied by the United States ($X), with a X% share of total exports. It was followed by Greenland, 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: the United States (X% per year) and Greenland (+X% per year).

Export Prices by Country

The average green bean export price stood at $X per tonne in 2021, increasing by X% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2020 an increase of X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($X per tonne), while the average price for exports to Faroe Islands ($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 Greenland (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Green Bean Imports

Imports into Denmark

In 2021, supplies from abroad of green beans increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. In general, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, green bean imports soared to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value 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, imports increased by +X% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tonnes) constituted the largest supplier of green bean to Denmark, with a X% share of total imports. Moreover, green bean imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), sixfold. The third position in this ranking was occupied by Belgium (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Belgium (+X% per year).

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

From 2012 to 2021, 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: Belgium (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2021, the average green bean import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per tonne), while the price for Italy ($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 a decline.

Source: IndexBox Platform