Denmark: Date Market 2024

Date Market Size in Denmark

The Danish date market shrank to $X in 2022, falling by -9.5% 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). The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Date Exports

Exports from Denmark

Date exports from Denmark surged to X tons in 2022, with an increase of 28% on the year before. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 137%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, date exports soared to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 111% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Sweden (X tons), Germany (X tons) and Finland (X tons) were the main destinations of date exports from Denmark, with a combined 82% share of total exports. Norway, Latvia, Iceland and the Netherlands lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (with a CAGR of +151.2%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for dates exports from Denmark, comprising 49% of total exports. The second position in the ranking was taken by Germany ($X), with a 20% share of total exports. It was followed by Finland, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden amounted to +41.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+92.4% per year) and Finland (+28.4% per year).

Export Prices by Country

In 2022, the average date export price amounted to $X per ton, declining by -10% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($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 the Netherlands (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Date Imports

Imports into Denmark

In 2022, the amount of dates imported into Denmark expanded remarkably to X tons, surging by 6.1% compared with the year before. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +12.5% against 2019 indices. The growth pace was the most rapid in 2014 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, date imports reached $X in 2022. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.3% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 32%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Iran (X tons) constituted the largest date supplier to Denmark, with a 41% share of total imports. Moreover, date imports from Iran exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Iran totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+2.3% per year) and Germany (+18.4% per year).

In value terms, Iran ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest date suppliers to Denmark, with a combined 68% share of total imports. Tunisia, Sweden, Pakistan, Israel and Algeria lagged somewhat behind, together comprising a further 27%.

Algeria, with a CAGR of +31.1%, recorded the highest growth rate of 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 date import price stood at $X per ton in 2022, which is down by -2.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2017 when the average import price increased by 20%. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 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 Sweden ($X per ton), while the price for Pakistan ($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 (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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