Denmark: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in Denmark

The Danish non-wheat groats market declined to $X in 2022, which is down by X% against the previous year. Overall, consumption recorded a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Wheat Groats Production in Denmark

In value terms, non-wheat groats production surged to $X in 2022 estimated in export price. Overall, production enjoyed modest growth. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Non-wheat groats production peaked in 2022 and is likely to see steady growth in years to come.

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Non-Wheat Groats Exports

Exports from Denmark

For the third consecutive year, Denmark recorded growth in shipments abroad of groats and meal of cereals (excluding wheat), which increased by X% to X tons in 2022. In general, exports recorded a slight increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, non-wheat groats exports soared to $X in 2022. Over the period under review, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons) was the main destination for non-wheat groats exports from Denmark, accounting for a X% share of total exports. It was followed by Sweden (X tons), with a X% share of total exports. Faroe Islands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Faroe Islands (X% per year).

In value terms, Germany ($X) remains the key foreign market for groats and meal of cereals (excluding wheat) exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by Faroe Islands, with a X% share.

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

Export Prices by Country

The average non-wheat groats export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, export price indicated a resilient 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. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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

Non-Wheat Groats Imports

Imports into Denmark

In 2022, supplies from abroad of groats and meal of cereals (excluding wheat) increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, non-wheat groats imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

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

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

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

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

Import Prices by Country

In 2022, the average non-wheat groats import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced 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 see gradual growth in the near future.

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 France ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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