Denmark - Oranges - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Denmark: Orange Market Overview 2020

Orange Market Size in Denmark

The revenue of the orange market in Denmark amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, the orange market attained its peak level and is likely to continue its growth in the immediate term.

Orange Exports

Exports from Denmark

In 2018, approx. X tonnes of oranges were exported from Denmark; rising by X% against the previous year. In general, orange exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, orange exports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, orange exports totaled $X in 2018. In general, orange exports continue to indicate a strong expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. In that year, orange exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Sweden (X tonnes) was the main destination for orange exports from Denmark, accounting for a X% share of total exports. Moreover, orange exports to Sweden exceeded the volume sent to the second major destination, Greenland (X tonnes), eightfold. Faroe Islands (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Sweden stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greenland (+X% per year) and Faroe Islands (+X% per year).

In value terms, Sweden ($X) remains the key foreign market for orange exports from Denmark, comprising X% of total orange exports. The second position in the ranking was occupied by Greenland ($X), with a X% share of total exports. It was followed by Iceland, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Sweden totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greenland (+X% per year) and Iceland (+X% per year).

Export Prices by Country

The average orange export price stood at $X per tonne in 2018, rising by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 when the average export price increased by X% y-o-y. In that year, the average export prices for oranges reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Norway ($X per tonne), while the average price for exports to Faroe Islands ($X per tonne) 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.

Orange Imports

Imports into Denmark

In 2018, the amount of oranges imported into Denmark totaled X tonnes, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. In that year, orange imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, orange imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. In that year, orange imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Spain (X tonnes) constituted the largest orange supplier to Denmark, with a X% share of total imports. Moreover, orange imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), threefold. Greece (X tonnes) ranked third in terms of total imports with a X% share.

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

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

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

Import Prices by Country

In 2018, the average orange import price amounted to $X per tonne, leveling off at the previous year. Over the period under review, the orange import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. In that year, the average import prices for oranges reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for oranges remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Spain ($X per tonne) and Italy ($X per tonne), while the price for Greece ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform