Denmark: Rye Market 2024

Rye Market Size in Denmark

In 2022, the Danish rye market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, the total consumption indicated a buoyant expansion from 2012 to 2022: its value 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. Rye consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Rye Production in Denmark

In value terms, rye production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate strong growth. The growth pace was the most rapid in 2013 when the production volume increased by X%. Rye production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The average yield of rye in Denmark fell to X tons per ha in 2022, stabilizing at 2021. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by X% against the previous year. Over the period under review, the average rye yield attained the peak level at X tons per ha in 2017; however, from 2018 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of rye production in Denmark rose slightly to X ha, increasing by X% compared with 2021 figures. Overall, the total harvested area indicated buoyant growth from 2012 to 2022: its figure 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. Based on 2022 figures, rye harvested area decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2020 to 2022, the growth of the rye harvested area remained at a lower figure.

Rye Exports

Exports from Denmark

In 2022, shipments abroad of rye decreased by X% to X tons, falling for the third year in a row after four years of growth. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, rye exports rose slightly to $X in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for rye exports from Denmark, with a X% share of total exports. Moreover, rye exports to Germany exceeded the volume sent to the second major destination, Sweden (X tons), twofold. The third position in this ranking was taken by Finland (X tons), with an X% share.

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

In value terms, the largest markets for rye exported from Denmark were Germany ($X), Sweden ($X) and Finland ($X), together comprising X% of total exports. Latvia, Austria, Estonia, Norway, Poland, the Netherlands and Spain lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rye export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

Rye Imports

Imports into Denmark

In 2022, purchases abroad of rye increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, rye imports soared to $X in 2022. Overall, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), Latvia (X tons) and Sweden (X tons) were the main suppliers of rye imports to Denmark, with a combined X% share of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of rye to Denmark, comprising X% of total imports. The second position in the ranking was taken by Latvia ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and Sweden (X% per year).

Import Prices by Country

In 2022, the average rye import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Sweden ($X per ton), while the price for Poland ($X per ton) and Latvia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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