Denmark: Millet Market 2025

Millet Market Size in Denmark

The Danish millet market reduced to $X in 2022, with a decrease of -7.7% against the previous year. Over the period under review, consumption continues to indicate a slight slump. Millet consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Millet Production in Denmark

In value terms, millet production declined modestly to $X in 2022 estimated in export price. In general, production, however, showed a mild descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by 11%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

The average yield of millet in Denmark stood at less than X kg per ha in 2022, stabilizing at the previous year's figure. In general, the yield showed 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.

In 2022, the harvested area of millet in Denmark was estimated at less than X ha, remaining relatively unchanged against the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.

Millet Exports

Exports from Denmark

After two years of growth, shipments abroad of millet decreased by -77.2% to X tons in 2022. Overall, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 73% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, millet exports dropped significantly to $X in 2022. Over the period under review, exports faced a sharp decrease. The pace of growth was the most pronounced in 2020 with an increase of 77% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for millet exports from Denmark, with a 63% share of total exports. Moreover, millet exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), threefold. The third position in this ranking was held by Sweden (X kg), with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume to Norway amounted to +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-39.0% per year) and Sweden (-26.7% per year).

In value terms, Norway ($X), Finland ($X) and Greenland ($X) constituted the largest markets for millet exported from Denmark worldwide, together comprising 81% of total exports.

Greenland, with a CAGR of +9.2%, saw the highest rates of growth with regard to 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

In 2022, the average millet export price amounted to $X per ton, with an increase of 39% against the previous year. Overall, the export price recorded a measured expansion. The most prominent rate of growth was recorded in 2020 an increase of 56%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greenland ($X per ton), while the average price for exports to Norway ($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 Germany (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Millet Imports

Imports into Denmark

In 2022, millet imports into Denmark dropped rapidly to X tons, shrinking by -30.7% compared with 2021. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 61% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, millet imports dropped markedly to $X in 2022. In general, imports showed a slight reduction. The pace of growth appeared the most rapid in 2017 with an increase of 85% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of millet to Denmark, with a 62% share of total imports. Moreover, millet imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. The third position in this ranking was taken by Belgium (X tons), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+40.0% per year) and Belgium (-10.3% per year).

In value terms, Germany ($X) constituted the largest supplier of millet to Denmark, comprising 49% of total imports. The second position in the ranking was taken by Belgium ($X), with an 18% share of total imports. It was followed by the Netherlands, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-4.1% per year) and the Netherlands (-3.8% per year).

Import Prices by Country

In 2022, the average millet import price amounted to $X per ton, rising by 22% against the previous year. Overall, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 108% against the previous year. The import price peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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