Denmark: Meat Market 2024

Meat Market Size in Denmark

The Danish meat market rose sharply to $X in 2022, surging by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Meat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Meat Production in Denmark

In value terms, meat production totaled $X in 2022 estimated in export price. In general, production showed a mild decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average yield of meat in Denmark dropped modestly to X kg per head, almost unchanged from the previous year's figure. In general, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the average meat yield hit record highs at X kg per head in 2021, and then declined modestly in the following year.

In 2022, the number of animals slaughtered for meat production in Denmark declined slightly to X heads, with a decrease of X% compared with 2021. In general, the number of producing animals continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for meat production peaked at X heads in 2012; however, from 2013 to 2022, producing animals stood at a somewhat lower figure.

Meat Exports

Exports from Denmark

In 2022, after two years of growth, there was significant decline in overseas shipments of meat, when their volume decreased by X% to X tons. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, meat exports contracted to $X in 2022. Over the period under review, exports continue to indicate a mild setback. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2019 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Poland ($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 Imports

Imports into Denmark

In 2022, the amount of meat imported into Denmark declined to X tons, reducing by X% against 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, meat imports totaled $X in 2022. Over the period under review, imports saw a mild curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs 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 to Denmark, with a X% share of total imports. Moreover, meat imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. 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 suppliers to Denmark were Germany ($X), the Netherlands ($X) and Poland ($X), together comprising X% of total imports. Ireland, Italy, Spain, Austria, Finland, Lithuania and the UK lagged somewhat behind, together accounting for a further X%.

Finland, 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

In 2022, the average meat import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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