Denmark: Shelled Walnut Market 2024

Shelled Walnut Market Size in Denmark

The Danish shelled walnut market soared to $X in 2022, growing by X% against the previous year. In general, consumption showed a mild increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Shelled Walnut Production in Denmark

In value terms, shelled walnut production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Shelled Walnut Exports

Exports from Denmark

In 2022, after five years of growth, there was significant decline in shipments abroad of shelled walnuts, when their volume decreased by X% to X tons. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then fell remarkably in the following year.

In value terms, shelled walnut exports shrank sharply to $X in 2022. Over the period under review, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Sweden (X tons) was the main destination for shelled walnut exports from Denmark, with a X% share of total exports. Moreover, shelled walnut exports to Sweden exceeded the volume sent to the second major destination, Norway (X tons), more than tenfold.

From 2012 to 2022, 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: Norway (X% per year) and Finland (X% per year).

In value terms, Sweden ($X) remains the key foreign market for shelled walnuts exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average shelled walnut export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, showed a pronounced decrease. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Sweden ($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 Norway (X%), while the prices for the other major destinations experienced a decline.

Shelled Walnut Imports

Imports into Denmark

In 2022, purchases abroad of shelled walnuts decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated noticeable growth from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, shelled walnut imports stood at $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest shelled walnut supplier to Denmark, accounting for a X% share of total imports. Moreover, shelled walnut imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Chile (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, the United States ($X), Germany ($X) and Sweden ($X) appeared to be the largest shelled walnut suppliers to Denmark, with a combined X% share of total imports.

The United States, 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

The average shelled walnut import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, recorded a mild slump. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Chile ($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 a decline.

Source: IndexBox Platform

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