Denmark: Durum Wheat Market 2024

Durum Wheat Market Size in Denmark

The Danish durum wheat market shrank to $X in 2022, stabilizing at the previous year. In general, consumption continues to indicate a perceptible setback. Durum wheat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Durum Wheat Production in Denmark

In value terms, durum wheat production contracted modestly to $X in 2022 estimated in export price. Overall, production showed a noticeable setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Durum wheat production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of durum wheat in Denmark was estimated at X tons per ha in 2022, approximately mirroring the previous year. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2022, the growth of the average durum wheat 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 2022, the total area harvested in terms of durum wheat production in Denmark reduced to X ha, dropping by X% compared with 2021 figures. In general, the harvested area recorded a slight decline. The pace of growth was the most pronounced in 2019 when the harvested area increased by X% against the previous year. The durum wheat harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area failed to regain momentum.

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Durum Wheat Exports

Exports from Denmark

In 2022, approx. X tons of durum wheat were exported from Denmark; shrinking by X% compared with 2021. Overall, exports, however, showed perceptible growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, durum wheat exports reduced remarkably to $X in 2022. In general, exports, however, recorded a perceptible expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Germany (X tons) was the main destination for durum wheat exports from Denmark, with a X% share of total exports. Moreover, durum wheat exports to Germany exceeded the volume sent to the second major destination, Spain (X tons), fivefold. The third position in this ranking was held by the Netherlands (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for durum wheat exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average durum wheat export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Latvia ($X per ton), while the average price for exports to the Netherlands ($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 Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Durum Wheat Imports

Imports into Denmark

After three years of decline, overseas purchases of durum wheat increased by X% to X tons in 2022. Overall, imports, however, continue to indicate a deep setback. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, durum wheat imports soared to $X in 2022. Over the period under review, imports, however, recorded a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons) constituted the largest durum wheat supplier to Denmark, with a X% share of total imports. Moreover, durum wheat imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. France (X tons) ranked third in terms of total imports with an X% share.

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

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

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

Import Prices by Country

In 2022, the average durum wheat import price amounted to $X per ton, increasing by X% against the previous year. In general, import price indicated a tangible expansion 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, durum wheat import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

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