Denmark: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Denmark

The Danish market for concentrated lemon and other citrus fruit juice contracted significantly to $X in 2021, which is down by -15.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Denmark

In 2021, exports of concentrated lemon and other citrus fruit juice from Denmark expanded significantly to X tons, growing by 13% compared with the year before. Overall, exports, however, recorded a pronounced setback. The growth pace was the most rapid in 2020 when exports increased by 56% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice skyrocketed to $X in 2021. In general, exports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2018 when exports increased by 51% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from Denmark, accounting for a 48% share of total exports. Moreover, exports of concentrated lemon and other citrus fruit juice to Sweden exceeded the volume sent to the second major destination, Poland (X tons), twofold. Iceland (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden stood at +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+54.9% per year) and Iceland (+9.1% per year).

In value terms, the largest markets for concentrated lemon and other citrus fruit juice exported from Denmark were Sweden ($X), Poland ($X) and Iceland ($X), together accounting for 86% of total exports.

Poland, with a CAGR of +51.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for concentrated lemon and other citrus fruit juice amounted to $X per ton, picking up by 6.7% against the previous year. Overall, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 an increase of 9.7% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to Greenland ($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 Saudi Arabia (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Denmark

In 2021, approx. X tons of concentrated lemon and other citrus fruit juice were imported into Denmark; waning by -13.7% compared with 2020. Over the period under review, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +26.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 47% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of concentrated lemon and other citrus fruit juice dropped to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 39%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to Denmark, with a combined 74% share of total imports. These countries were followed by Brazil, South Africa, Austria, Spain and Argentina, which together accounted for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +71.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) constituted the largest concentrated lemon and other citrus fruit juice suppliers to Denmark, together accounting for 80% of total imports. Austria, Brazil, Spain, South Africa and Argentina lagged somewhat behind, together accounting for a further 18%.

Austria, with a CAGR of +70.3%, recorded the highest growth rate of the value of imports, in terms of 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 import price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uruguay (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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