Denmark: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Denmark

The Danish frozen salmonoids market was estimated at $X in 2019, remaining relatively unchanged against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Frozen salmonoids consumption peaked at $X in 2009; afterwards, it flattened through to 2019.

Frozen Salmonoids Production in Denmark

In value terms, frozen salmonoids production shrank sharply to $X in 2020 estimated in export prices. Overall, production saw a precipitous contraction. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Frozen salmonoids production peaked at $X in 2010; however, from 2011 to 2020, production remained at a lower figure.

Frozen Salmonoids Exports

Exports from Denmark

In 2020, overseas shipments of frozen salmonoids decreased by -X% to X tons, falling for the tenth year in a row after four years of growth. In general, exports showed a sharp shrinkage. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. As a result, exports reached the peak of X tons. from 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, frozen salmonoids exports shrank dramatically to $X in 2020. Overall, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. from 2011 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Vietnam (X tons) was the main destination for frozen salmonoids exports from Denmark, with a X% share of total exports. Moreover, frozen salmonoids exports to Vietnam exceeded the volume sent to the second major destination, Sweden (X tons), fourfold. The third position in this ranking was occupied by Georgia (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Vietnam totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-X% per year) and Georgia (+X% per year).

In value terms, Vietnam ($X) remains the key foreign market for frozen salmonoids exports from Denmark, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Vietnam totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-X% per year) and Italy (-X% per year).

Export Prices by Country

In 2020, the average frozen salmonoids export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum in 2020 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Italy ($X per ton), while the average price for exports to Georgia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Salmonoids Imports

Imports into Denmark

Frozen salmonoids imports into Denmark dropped remarkably to X tons in 2020, which is down by -X% against 2019 figures. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Imports peaked at X tons in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

In value terms, frozen salmonoids imports contracted rapidly to $X in 2020. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Poland (X tons) constituted the largest supplier of frozen salmonoids to Denmark, accounting for a X% share of total imports. Moreover, frozen salmonoids imports from Poland exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was occupied by Sweden (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Sweden (-X% per year).

In value terms, Poland ($X) constituted the largest supplier of frozen salmonoids to Denmark, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Sweden (-X% per year).

Import Prices by Country

In 2020, the average frozen salmonoids import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price recorded a prominent expansion. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. Over the period under review, average import prices hit record highs in 2020 and is likely to see gradual growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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