Denmark: Market for Condensed Or Evaporated Milk (Unsweetened) 2024

Market Size for Condensed Or Evaporated Milk (Unsweetened) in Denmark

The Danish market for condensed or evaporated milk (unsweetened) soared to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption posted a measured increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Condensed Or Evaporated Milk (Unsweetened) in Denmark

In value terms, unsweetened condensed and evaporated milk production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight decline. The pace of growth was the most pronounced in 2013 with an increase of X%. Unsweetened condensed and evaporated milk production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from Denmark

In 2022, approx. X tons of condensed or evaporated milk (unsweetened) were exported from Denmark; waning by X% compared with the previous year. Overall, exports faced a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, unsweetened condensed and evaporated milk exports reduced dramatically to $X in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for unsweetened condensed and evaporated milk exports from Denmark, accounting for a X% share of total exports. It was followed by Sweden (X kg), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%.

In value terms, Germany ($X) remains the key foreign market for condensed or evaporated milk (unsweetened) exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%.

Export Prices by Country

In 2022, the average export price for condensed or evaporated milk (unsweetened) amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, showed a slight descent. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Germany amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into Denmark

In 2022, the amount of condensed or evaporated milk (unsweetened) imported into Denmark skyrocketed to X tons, jumping by X% against the previous year's figure. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, unsweetened condensed and evaporated milk imports surged to $X in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of unsweetened condensed and evaporated milk to Denmark, with a X% share of total imports. Moreover, unsweetened condensed and evaporated milk imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold.

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

In value terms, Sweden ($X), Germany ($X) and the UK ($X) constituted the largest unsweetened condensed and evaporated milk suppliers to Denmark, with a combined X% share of total imports.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for condensed or evaporated milk (unsweetened) stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, showed a abrupt contraction. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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