Denmark: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in Denmark

In 2022, the Danish market for powdered, condensed or evaporated milk increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated measured growth 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Powdered, condensed or evaporated milk consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Powdered, Condensed Or Evaporated Milk in Denmark

In value terms, powdered, condensed or evaporated milk production dropped modestly to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced setback. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Powdered, Condensed Or Evaporated Milk

Exports from Denmark

For the fourth consecutive year, Denmark recorded decline in overseas shipments of powdered, condensed or evaporated milk, which decreased by X% to X tons in 2022. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, powdered, condensed or evaporated milk exports fell slightly to $X in 2022. Overall, exports showed a abrupt descent. 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 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for powdered, condensed or evaporated milk exports from Denmark, accounting for a X% share of total exports. Moreover, powdered, condensed or evaporated milk exports to Oman exceeded the volume sent to the second major destination, Germany (X tons), twofold. Bangladesh (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Oman ($X) remains the key foreign market for powdered, condensed or evaporated milk exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Oman totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the average export price for powdered, condensed or evaporated milk amounted to $X per ton, jumping by X% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price 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, powdered, condensed or evaporated milk export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

Imports of Powdered, Condensed Or Evaporated Milk

Imports into Denmark

Powdered, condensed or evaporated milk imports into Denmark soared to X tons in 2022, rising by X% compared with the year before. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, powdered, condensed or evaporated milk imports soared to $X in 2022. In general, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of powdered, condensed or evaporated milk imports to Denmark, with a combined X% share of total imports. Poland, Belgium, France and Ireland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest powdered, condensed or evaporated milk suppliers to Denmark, with a combined X% share of total imports. Poland, Belgium, France and Ireland lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 import price for powdered, condensed or evaporated milk amounted to $X per ton, waning by X% against the previous year. Overall, the import price saw a pronounced decrease. The growth pace was the most rapid in 2017 when the average import price increased by 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.

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 Poland ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :