Denmark: Fonio Market 2025

Fonio Market Size in Denmark

The Danish fonio market declined to $X in 2022, falling by -11.9% against the previous year. Overall, consumption faced a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Fonio Production in Denmark

In value terms, fonio production totaled $X in 2022 estimated in export price. In general, production showed a dramatic descent. The pace of growth appeared the most rapid in 2014 with an increase of 10% against the previous year. Fonio production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average fonio yield in Denmark amounted to less than X kg per ha, remaining stable against the previous year. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fonio harvested area in Denmark was estimated at less than X ha in 2022, remaining relatively unchanged against 2021. Overall, the harvested area showed a relatively flat trend pattern.

Fonio Exports

Exports from Denmark

In 2022, overseas shipments of fonio decreased by -30.6% to X kg, falling for the fourth year in a row after three years of growth. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 187%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, fonio exports shrank significantly to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 139%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iceland (X kg), Faroe Islands (X kg) and Greenland (X kg) were the main destinations of fonio exports from Denmark.

From 2012 to 2022, the biggest increases were recorded for Iceland (with a CAGR of +17.8%), while shipments for the other leaders experienced a decline.

In value terms, Iceland ($X), Faroe Islands ($X) and Greenland ($X) were the largest markets for fonio exported from Denmark worldwide.

Iceland, with a CAGR of +25.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average fonio export price stood at $X per ton in 2022, dropping by -28.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 66% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Faroe Islands ($X per ton), while the average price for exports to Greenland ($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 Iceland (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Fonio Imports

Imports into Denmark

In 2022, approx. X tons of fonio were imported into Denmark; falling by -16.2% compared with 2021 figures. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of 748%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, fonio imports contracted notably to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 681% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) was the main supplier of fonio to Denmark, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +33.5%.

In value terms, Germany ($X) constituted the largest supplier of fonio to Denmark.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +16.9%.

Import Prices by Country

The average fonio import price stood at $X per ton in 2022, shrinking by -25.3% against the previous year. Over the period under review, the import price recorded a deep slump. The growth pace was the most rapid in 2020 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -12.5% per year.

Source: IndexBox Platform

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