Denmark: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Denmark

In 2021, the Danish pineapple juice (single strength) market decreased by -13.3% to $X, falling for the third year in a row after three years of growth. Overall, consumption showed a perceptible contraction. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Denmark

Pineapple juice (single strength) exports from Denmark soared to X tons in 2021, increasing by 72% compared with the previous year. In general, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 125% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) exports soared to $X in 2021. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 130% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Norway (X tons) and Faroe Islands (X tons) were the main destinations of pineapple juice (single strength) exports from Denmark, with a combined 73% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +64.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Norway ($X) and Greenland ($X) appeared to be the largest markets for pineapple juice (single strength) exported from Denmark worldwide, with a combined 69% share of total exports.

Germany, with a CAGR of +61.9%, recorded 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 2021, the average pineapple juice (single strength) export price amounted to $X per ton, dropping by -13% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 17% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Greenland ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into Denmark

In 2021, purchases abroad of pineapple juice (single strength) decreased by -20% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports saw a slight decline. The growth pace was the most rapid in 2018 with an increase of 153% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports shrank to $X in 2021. In general, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 86%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Costa Rica (X tons) constituted the largest pineapple juice (single strength) supplier to Denmark, accounting for a 60% share of total imports. Moreover, pineapple juice (single strength) imports from Costa Rica exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Costa Rica totaled -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.9% per year) and the Netherlands (+27.4% per year).

In value terms, Costa Rica ($X), Germany ($X) and Belgium ($X) were the largest pineapple juice (single strength) suppliers to Denmark, together comprising 88% of total imports. Turkey and the Netherlands lagged somewhat behind, together comprising a further 12%.

In terms of the main suppliers, the Netherlands, with a CAGR of +22.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average pineapple juice (single strength) import price amounted to $X per ton, increasing by 23% against the previous year. Overall, the import price, however, continues to indicate a mild descent. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 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 Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Costa Rica (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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