Denmark: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Denmark

The revenue of the frozen orange juice market in Denmark amounted to $X in 2018, falling by -X% against the previous year. In general, frozen orange juice consumption continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the frozen orange juice market attained its peak figure level at $X in 2009; however, from 2010 to 2018, consumption failed to regain its momentum.

Frozen Orange Juice Production in Denmark

In value terms, frozen orange juice production amounted to $X in 2018 estimated in export prices. Overall, frozen orange juice production continues to indicate an abrupt slump. The pace of growth appeared the most rapid in 2017 when production volume increased by X% y-o-y. In that year, frozen orange juice production reached its peak level of $X, and then declined slightly in the following year.

Frozen Orange Juice Exports

Exports from Denmark

In 2018, the exports of frozen unconcentrated orange juice from Denmark totaled X tons, jumping by X% against the previous year. Overall, frozen orange juice exports, however, continue to indicate a mild deduction. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, frozen orange juice exports totaled $X in 2018. Overall, frozen orange juice exports, however, continue to indicate a modest expansion. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, frozen orange juice exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Sri Lanka (X tons), Iceland (X tons) and Finland (X tons) were the main destinations of frozen orange juice exports from Denmark, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Finland, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen orange juice exported from Denmark were Sri Lanka ($X), Iceland ($X) and Finland ($X), together comprising X% of total exports. These countries were followed by the Netherlands, Japan, Greenland, Italy, Spain, the Czech Republic, Norway and Vietnam, which together accounted for a further X (+X% per year) experienced the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen orange juice export price stood at $X per ton in 2018, falling by -X% against the previous year. Overall, the export price indicated a notable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice export price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for frozen unconcentrated orange juice attained their peak figure at $X per ton in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per ton), while the average price for exports to Iceland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Denmark

In 2018, the amount of frozen unconcentrated orange juice imported into Denmark stood at X tons, dropping by -X% against the previous year. Overall, frozen orange juice imports continue to indicate an abrupt descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, frozen orange juice imports amounted to $X in 2018. Over the period under review, frozen orange juice imports continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the Netherlands (X tons) constituted the largest supplier of frozen orange juice to Denmark, accounting for a X% share of total imports. Moreover, frozen orange juice imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was occupied by Uruguay (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from the Netherlands amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Uruguay (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of frozen orange juice to Denmark, comprising X% of total frozen orange juice imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Uruguay, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the Netherlands totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Uruguay (+X% per year).

Import Prices by Country

The average frozen orange juice import price stood at $X per ton in 2018, falling by -X% against the previous year. Over the period under review, the frozen orange juice import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. The import price peaked at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Austria ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform