Denmark: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in Denmark

The Danish preserved frozen potato market skyrocketed to $X in 2021, jumping by 29% against the previous year. In general, consumption saw a slight expansion. Preserved frozen potato consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Preserved Frozen Potato Production in Denmark

In value terms, preserved frozen potato production dropped to $X in 2021 estimated in export price. Overall, production saw a abrupt setback. The growth pace was the most rapid in 2016 when the production volume increased by 38% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Preserved Frozen Potato Exports

Exports from Denmark

In 2021, overseas shipments of frozen potatoes prepared or preserved decreased by -8.6% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 49%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, preserved frozen potato exports contracted to $X in 2021. Over the period under review, exports recorded a mild setback. The most prominent rate of growth was recorded in 2017 when exports increased by 26%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for preserved frozen potato exports from Denmark, accounting for a 59% share of total exports. Moreover, preserved frozen potato exports to Germany exceeded the volume sent to the second major destination, Sweden (X tons), fivefold. The third position in this ranking was taken by Malaysia (X tons), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+3.3% per year) and Malaysia (+20.7% per year).

In value terms, Germany ($X) remains the key foreign market for frozen potatoes prepared or preserved exports from Denmark, comprising 54% of total exports. The second position in the ranking was taken by Sweden ($X), with a 12% share of total exports. It was followed by Malaysia, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+4.7% per year) and Malaysia (+25.0% per year).

Export Prices by Country

In 2021, the average preserved frozen potato export price amounted to $X per ton, increasing by 3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 26%. The export price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

Average prices varied somewhat for the major overseas markets. In 2021, the highest price was recorded for prices to Iceland ($X per ton) and Faroe Islands ($X per ton), while the average price for exports to Germany ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Frozen Potato Imports

Imports into Denmark

In 2021, approx. X tons of frozen potatoes prepared or preserved were imported into Denmark; growing by 13% compared with the previous year. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.8% 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, the Netherlands (X tons) constituted the largest supplier of preserved frozen potato to Denmark, accounting for a 50% share of total imports. Moreover, preserved frozen potato imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 23% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands stood at +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.7% per year) and Belgium (+1.6% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of frozen potatoes prepared or preserved to Denmark, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Belgium, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.0% per year) and Belgium (+2.2% per year).

Import Prices by Country

The average preserved frozen potato import price stood at $X per ton in 2021, rising by 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for Belgium ($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 (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :