Denmark: Overview of the Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Denmark

The revenue of the sheep and goat meat market in Denmark amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, sheep and goat meat consumption continues to indicate a deep curtailment. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Over the period under review, the sheep and goat meat market reached its peak figure level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Production of Sheep And Goat Meat in Denmark

In value terms, sheep and goat meat production stood at $X in 2018 estimated in export prices. Over the period under review, sheep and goat meat production continues to indicate a temperate contraction. The pace of growth was the most pronounced in 2011 when production volume increased by X% year-to-year. In that year, sheep and goat meat production attained its peak level of $X. From 2012 to 2018, sheep and goat meat production growth remained at a somewhat lower figure.

Exports of Sheep And Goat Meat

Exports from Denmark

In 2018, approx. X tonnes of sheep and goat meat were exported from Denmark; growing by X% against the previous year. In general, the total exports indicated a remarkable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, sheep and goat meat exports attained their peak figure at X tonnes in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

In value terms, sheep and goat meat exports stood at $X in 2018. Over the period under review, sheep and goat meat exports continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, sheep and goat meat exports reached their peak figure at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Sweden (X tonnes) was the main destination for sheep and goat meat exports from Denmark, with a X% share of total exports. Moreover, sheep and goat meat exports to Sweden exceeded the volume sent to the second major destination, Italy (X tonnes), twofold. The third position in this ranking was occupied by Greenland (X tonnes), with a X% share.

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

In value terms, Sweden ($X), Italy ($X) and Greenland ($X) appeared to be the largest markets for sheep and goat meat exported from Denmark worldwide, together comprising X% of total exports.

Among the main countries of destination, Italy experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average sheep and goat meat export price amounted to $X per tonne, going down by -X% against the previous year. In general, the sheep and goat meat export price continues to indicate a mild slump. The growth pace was the most rapid in 2011 an increase of X% y-o-y. In that year, the average export prices for sheep and goat meat reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for sheep and goat meat remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per tonne), while the average price for exports to Austria ($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 the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Denmark

In 2018, the amount of sheep and goat meat imported into Denmark totaled X tonnes, lowering by -X% against the previous year. Overall, sheep and goat meat imports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, sheep and goat meat imports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, sheep and goat meat imports amounted to $X in 2018. Overall, sheep and goat meat imports continue to indicate a mild deduction. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. In that year, sheep and goat meat imports attained their peak of $X. From 2012 to 2018, the growth of sheep and goat meat imports remained at a somewhat lower figure.

Imports by Country

New Zealand (X tonnes), Ireland (X tonnes) and Germany (X tonnes) were the main suppliers of sheep and goat meat imports to Denmark, together accounting for X% of total imports. These countries were followed by the UK, the Netherlands, Romania, Belgium, Norway and Chile, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Norway, while the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Ireland ($X) and Germany ($X) constituted the largest sheep and goat meat suppliers to Denmark, together accounting for X% of total imports. These countries were followed by the Netherlands, the UK, Belgium, Chile, Norway and Romania, which together accounted for a further X the main suppliers, Norway recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sheep and goat meat import price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. In that year, the average import prices for sheep and goat meat reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for sheep and goat meat failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Ireland ($X per tonne), while the price for Romania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Norway, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform