Denmark: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Denmark

In 2021, the Danish breakfast cereal market increased by X% to $X, rising for the fourth consecutive year after three years of decline. Overall, consumption enjoyed a remarkable increase. Breakfast cereal consumption peaked in 2021 and is expected to retain growth in the near future.

Breakfast Cereal Production in Denmark

In value terms, breakfast cereal production declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Breakfast cereal production peaked at $X in 2020, and then shrank modestly in the following year.

Breakfast Cereal Exports

Exports from Denmark

Breakfast cereal exports from Denmark totaled X tons in 2021, increasing by X% compared with the previous year. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, breakfast cereal exports rose significantly to $X in 2021. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Norway (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value 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).

Export Prices by Country

In 2021, the average breakfast cereal export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Breakfast Cereal Imports

Imports into Denmark

In 2021, approx. X tons of breakfast cereals were imported into Denmark; with an increase of X% against 2020 figures. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, breakfast cereal imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of breakfast cereal to Denmark, accounting for a X% share of total imports. Moreover, breakfast cereal imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fourfold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and the Netherlands (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Sweden (+X% per year).

Import Prices by Country

In 2021, the average breakfast cereal import price amounted to $X per ton, jumping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; afterwards, it flattened through to 2021.

Prices varied noticeably by the country of origin: the country with the highest price was Finland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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