Denmark: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Denmark

The Danish orange juice (single strength) market rose sharply to $X in 2022, growing by 9.8% against the previous year. Overall, consumption recorded a significant increase. Orange juice (single strength) consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Orange Juice (Single Strength) in Denmark

In value terms, orange juice (single strength) production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 8.6% against the previous year. Orange juice (single strength) production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Orange Juice (Single Strength)

Exports from Denmark

In 2022, after two years of growth, there was significant decline in overseas shipments of orange juice (single strength), when their volume decreased by -5.1% to X tons. Over the period under review, exports continue to indicate a slight slump. The growth pace was the most rapid in 2013 with an increase of 19% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, orange juice (single strength) exports declined to $X in 2022. Overall, exports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2013 with an increase of 28%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for orange juice (single strength) exports from Denmark, accounting for a 73% share of total exports. Moreover, orange juice (single strength) exports to Sweden exceeded the volume sent to the second major destination, Norway (X tons), fivefold. The third position in this ranking was held by Finland (X tons), with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+7.9% per year) and Finland (-11.9% per year).

In value terms, Sweden ($X) remains the key foreign market for orange juice (single strength) exports from Denmark, comprising 72% of total exports. The second position in the ranking was taken by Norway ($X), with a 14% share of total exports. It was followed by Finland, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+3.6% per year) and Finland (-14.9% per year).

Export Prices by Country

In 2022, the average orange juice (single strength) export price amounted to $X per ton, shrinking by -8.6% against the previous year. Over the period under review, the export price saw a mild curtailment. The most prominent rate of growth was recorded in 2016 an increase of 21%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Norway ($X per ton) and Sweden ($X per ton), while the average price for exports to Poland ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Orange Juice (Single Strength)

Imports into Denmark

Orange juice (single strength) imports into Denmark was estimated at X tons in 2022, approximately equating the year before. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 85% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, orange juice (single strength) imports reduced dramatically to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 92%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of orange juice (single strength) to Denmark, with a 84% share of total imports. Moreover, orange juice (single strength) imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sevenfold. The third position in this ranking was held by Sweden (X tons), with a 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-1.8% per year) and Sweden (-34.5% per year).

In value terms, Germany ($X) constituted the largest supplier of orange juice (single strength) to Denmark, comprising 88% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 7.8% share of total imports. It was followed by Sweden, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-3.0% per year) and Sweden (-38.7% per year).

Import Prices by Country

The average orange juice (single strength) import price stood at $X per ton in 2022, dropping by -16.8% against the previous year. In general, the import price showed a mild setback. The most prominent rate of growth was recorded in 2016 an increase of 10%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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