Denmark: Market for Broad Beans And Horse Beans (Dry) 2025

Market Size for Broad Beans And Horse Beans (Dry) in Denmark

For the third consecutive year, the Danish market for broad beans and horse beans (dry) recorded growth in sales value, which increased by 27% to $X in 2022. Overall, consumption saw a significant expansion. Broad bean and horse bean consumption peaked in 2022 and is likely to continue growth in years to come.

Production of Broad Beans And Horse Beans (Dry) in Denmark

In value terms, broad bean and horse bean production reached $X in 2022 estimated in export price. Over the period under review, production saw significant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1,576% against the previous year. Broad bean and horse bean production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average broad bean and horse bean yield in Denmark expanded significantly to X tons per ha, with an increase of 8.2% compared with the previous year's figure. Over the period under review, the yield posted a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of 37% against the previous year. The broad bean and horse bean yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of broad beans and horse beans (dry) were harvested in Denmark; declining by -6.6% against 2021. Over the period under review, the harvested area saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 15%. The broad bean and horse bean harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Denmark

In 2022, the amount of broad beans and horse beans (dry) exported from Denmark rose significantly to X tons, picking up by 5.5% against the year before. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2018 when exports increased by 549%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, broad bean and horse bean exports stood at $X in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 526% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Norway (X tons) was the main destination for broad bean and horse bean exports from Denmark, accounting for a 77% share of total exports. Moreover, broad bean and horse bean exports to Norway exceeded the volume sent to the second major destination, the UK (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway totaled +135.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+174.3% per year) and Germany (+3.5% per year).

In value terms, Norway ($X) remains the key foreign market for broad beans and horse beans (dry) exports from Denmark, comprising 79% of total exports. The second position in the ranking was held by the UK ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Norway totaled +134.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+159.2% per year) and Germany (+3.7% per year).

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per ton in 2022, reducing by -3.3% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2014 an increase of 21%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the UK ($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 Germany (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Denmark

Broad bean and horse bean imports into Denmark skyrocketed to X tons in 2022, increasing by 38% compared with 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 6,155% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, broad bean and horse bean imports soared to $X in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 4,191% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of broad bean and horse bean to Denmark, accounting for a 68% share of total imports. Moreover, broad bean and horse bean imports from the UK exceeded the figures recorded by the second-largest supplier, Latvia (X tons), sixfold. The third position in this ranking was taken by Estonia (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled +411.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+31.3% per year) and Estonia (+1,724.9% per year).

In value terms, the UK ($X) constituted the largest supplier of broad beans and horse beans (dry) to Denmark, comprising 63% of total imports. The second position in the ranking was held by Latvia ($X), with an 11% share of total imports. It was followed by Estonia, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to +394.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+41.2% per year) and Estonia (+2,285.1% per year).

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2022, growing by 14% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 89%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 Estonia (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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