Denmark: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in Denmark

The Danish preserved cows meat market surged to $X in 2021, picking up by 41% against the previous year. In general, consumption saw a resilient increase. Preserved cows meat consumption peaked in 2021 and is expected to retain growth in the immediate term.

Preserved Cows Meat Production in Denmark

In value terms, preserved cows meat production reached $X in 2021 estimated in export price. Over the period under review, production enjoyed moderate growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 56%. Preserved cows meat production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Preserved Cows Meat Exports

Exports from Denmark

In 2021, approx. X tons of prepared or preserved meat or offal of bovine animals were exported from Denmark; falling by -4.4% on 2020 figures. Over the period under review, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 10% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved cows meat exports rose notably to $X in 2021. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 16%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons), Germany (X tons) and Sweden (X tons) were the main destinations of preserved cows meat exports from Denmark, with a combined 78% share of total exports. These countries were followed by France, Spain, Greenland, Estonia, Faroe Islands and Norway, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +13.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Sweden ($X) appeared to be the largest markets for preserved cows meat exported from Denmark worldwide, with a combined 68% share of total exports. Spain, France, Greenland, Estonia, Norway and Faroe Islands lagged somewhat behind, together accounting for a further 19%.

Estonia, with a CAGR of +17.4%, 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

In 2021, the average preserved cows meat export price amounted to $X per ton, surging by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the UK ($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 Estonia (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Cows Meat Imports

Imports into Denmark

After three years of decline, supplies from abroad of prepared or preserved meat or offal of bovine animals increased by 37% to X tons in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, preserved cows meat imports surged to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +9.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Ireland (X tons) and the Netherlands (X tons) were the main suppliers of preserved cows meat imports to Denmark, together accounting for 68% of total imports. Sweden, the UK, Poland, Belgium, Italy and France lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +29.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved cows meat suppliers to Denmark were Germany ($X), the Netherlands ($X) and Ireland ($X), with a combined 68% share of total imports. Sweden, the UK, Poland, Italy, Belgium and France lagged somewhat behind, together comprising a further 28%.

Among the main suppliers, the UK, with a CAGR of +28.1%, 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

The average preserved cows meat import price stood at $X per ton in 2021, surging by 9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2020 an increase of 12%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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