Denmark: Market for Colouring Matter Of Vegetable Or Animal Origin 2024

Market Size for Colouring Matter Of Vegetable Or Animal Origin in Denmark

In 2022, the Danish market for colouring matter of vegetable or animal origin increased by X% to $X, rising for the second year in a row after four years of decline. In general, consumption saw a prominent expansion. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Colouring Matter Of Vegetable Or Animal Origin in Denmark

In value terms, vegetable or animal colouring matter production soared to $X in 2022 estimated in export price. Overall, production, however, saw a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Vegetable or animal colouring matter production peaked in 2022 and is expected to retain growth in years to come.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports from Denmark

In 2022, vegetable or animal colouring matter exports from Denmark shrank markedly to X tons, reducing by X% against the year before. Over the period under review, exports saw a mild curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, vegetable or animal colouring matter exports shrank slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons), the UK (X tons) and France (X tons) were the main destinations of vegetable or animal colouring matter exports from Denmark, with a combined X% share of total exports. The United States, China, Germany, Indonesia, Mexico, Iran, Vietnam, Turkey, Egypt and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), China ($X) and the United States ($X) were the largest markets for vegetable or animal colouring matter exported from Denmark worldwide, with a combined X% share of total exports. France, Indonesia, the UK, Iran, Germany, Mexico, Vietnam, Turkey, the Netherlands and Egypt lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2022, the average export price for colouring matter of vegetable or animal origin amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Egypt ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports into Denmark

Vegetable or animal colouring matter imports into Denmark fell to X tons in 2022, which is down by X% against the year before. In general, total imports indicated temperate growth from 2012 to 2022: its volume 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, imports decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, vegetable or animal colouring matter imports stood at $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of vegetable or animal colouring matter to Denmark, accounting for a X% share of total imports. Moreover, vegetable or animal colouring matter imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, the largest vegetable or animal colouring matter suppliers to Denmark were Peru ($X), China ($X) and Italy ($X), together comprising X% of total imports.

Among the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average import price for colouring matter of vegetable or animal origin amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, recorded a slight descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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