Denmark: Grape Must Market 2024

Grape Must Market Size in Denmark

In 2021, the Danish grape must market decreased by -94.6% to $X, falling for the third year in a row after three years of growth. Overall, consumption faced a dramatic curtailment. Grape must consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Grape Must Production in Denmark

In value terms, grape must production declined significantly to $X in 2021 estimated in export price. Overall, production saw a significant decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by 24%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Grape Must Exports

Exports from Denmark

In 2021, approx. X litres of grape must were exported from Denmark; picking up by 237% against the previous year. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, grape must exports soared to $X in 2021. Over the period under review, exports saw a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 171%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Finland (X litres), Germany (X litres) and Greenland (X litres) were the main destinations of grape must exports from Denmark, together comprising 74% of total exports. These countries were followed by Faroe Islands, the Netherlands, Iceland, Lithuania and Norway, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +1,327,300.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Faroe Islands ($X) and Greenland ($X) appeared to be the largest markets for grape must exported from Denmark worldwide, together accounting for 77% of total exports. Germany, the Netherlands, Iceland, Norway and Lithuania lagged somewhat behind, together comprising a further 21%.

The Netherlands, with a CAGR of +1,065,033.3%, saw the highest growth rate of the value of exports, in terms of 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

The average grape must export price stood at $X per litre in 2021, declining by -45.5% against the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 540%. As a result, the export price reached the peak level of $X per litre. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per litre), while the average price for exports to Germany ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.

Grape Must Imports

Imports into Denmark

In 2021, purchases abroad of grape must was finally on the rise to reach X litres after three years of decline. Over the period under review, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 436%. Over the period under review, imports attained the peak figure at X litres in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, grape must imports expanded remarkably to $X in 2021. Overall, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 870% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X litres), France (X litres) and Germany (X litres) were the main suppliers of grape must imports to Denmark, together accounting for 86% of total imports. Belgium, Sweden and Poland lagged somewhat behind, together accounting for a further 9.7%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +80.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), France ($X) and Belgium ($X) appeared to be the largest grape must suppliers to Denmark, with a combined 89% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +68.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average grape must import price amounted to $X per litre, rising by 4.7% against the previous year. In general, the import price showed a notable increase. The most prominent rate of growth was recorded in 2014 an increase of 81% against the previous year. Over the period under review, average import prices reached the peak figure at $X per litre in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per litre), while the price for Germany ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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