Denmark: Milled Rice Market 2020

Milled Rice Exports

Exports from Denmark

Milled rice exports from Denmark amounted to X tons in 2018, waning by -X% against the previous year. Over the period under review, milled rice exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, milled rice exports attained their peak figure at X tons in 2017, and then declined slightly in the following year.

In value terms, milled rice exports totaled $X in 2018. In general, the total exports indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for milled rice exports from Denmark, accounting for a X% share of total exports. Moreover, milled rice exports to Sweden exceeded the volume sent to the second major destination, France (X tons), sixfold. The third position in this ranking was occupied by Norway (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Norway (+X% per year).

In value terms, Sweden ($X) remains the key foreign market for milled rice exports from Denmark, comprising X% of total milled rice exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Norway, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Sweden stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Norway (+X% per year).

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price indicated a modest increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for semi-milled or wholly milled (bleached) rice reached their maximum at $X per ton in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Iceland, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Denmark

In 2018, the milled rice imports into Denmark stood at X tons, waning by -X% against the previous year. In general, milled rice imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. In that year, milled rice imports reached their peak of X tons. From 2015 to 2018, the growth of milled rice imports failed to regain its momentum.

In value terms, milled rice imports amounted to $X in 2018. Overall, milled rice imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. In that year, milled rice imports attained their peak of $X. From 2009 to 2018, the growth of milled rice imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and Cambodia (X tons) were the main suppliers of milled rice imports to Denmark, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Cambodia, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Cambodia ($X) were the largest milled rice suppliers to Denmark, with a combined X% share of total imports.

Cambodia recorded the highest growth rate of market size, among the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average milled rice import price stood at $X per ton in 2018, growing by X% against the previous year. In general, the milled rice import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. In that year, the average import prices for semi-milled or wholly milled (bleached) rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for semi-milled or wholly milled (bleached) rice failed to regain its momentum.

Average prices varied somewhat amongst the major supplying countries. In 2018, the countries with the highest prices were the Netherlands ($X per ton) and Belgium ($X per ton), while the price for Poland ($X per ton) and Cambodia ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform