Denmark: Meat And Poultry Market 2024

Meat And Poultry Market Size in Denmark

The Danish meat and poultry market rose markedly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the market value increased by X%. Meat and poultry consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Meat And Poultry Production in Denmark

In value terms, meat and poultry production totaled $X in 2022 estimated in export price. Overall, production recorded a slight reduction. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of meat and poultry in Denmark dropped to X kg per head in 2022, declining by X% on the previous year. Over the period under review, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head, and then fell in the following year.

In 2022, approx. X heads of animals slaughtered for meat and poultry production in Denmark; therefore, remained relatively stable against the year before. Overall, the number of producing animals recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, this number reached the peak level at X heads in 2013; however, from 2014 to 2022, producing animals failed to regain momentum.

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Meat And Poultry Exports

Exports from Denmark

After two years of growth, shipments abroad of meat and poultry decreased by X% to X tons in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, meat and poultry exports reduced to $X in 2022. Overall, exports continue to indicate a mild downturn. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), China (X tons) and Poland (X tons) were the main destinations of meat and poultry exports from Denmark, together comprising X% of total exports. Italy, Japan, the UK, Australia, Sweden, the United States, the Netherlands, South Korea and the Philippines lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Japan ($X) appeared to be the largest markets for meat and poultry exported from Denmark worldwide, together accounting for X% of total exports. Italy, Poland, Australia, the United States, Sweden, the UK, the Netherlands, South Korea and the Philippines lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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 meat and poultry export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price showed a slight contraction. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($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 South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Denmark

In 2022, purchases abroad of meat and poultry decreased by X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports recorded a mild shrinkage. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, meat and poultry imports totaled $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of meat and poultry to Denmark, accounting for a X% share of total imports. Moreover, meat and poultry imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a X% share.

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

In value terms, the largest meat and poultry suppliers to Denmark were Germany ($X), the Netherlands ($X) and Poland ($X), together comprising X% of total imports. Ireland, Sweden, Italy, Hungary, Lithuania, France, Spain and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Hungary, 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 meat and poultry import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price showed slight growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Sweden ($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 more modest paces of growth.

Source: IndexBox Platform

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