Denmark: Sorghum Market 2025

Sorghum Market Size in Denmark

The Danish sorghum market skyrocketed to $X in 2022, with an increase of 65% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sorghum Exports

Exports from Denmark

In 2022, sorghum exports from Denmark surged to X tons, rising by 1,071% compared with the year before. Overall, exports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 5,521%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, sorghum exports skyrocketed to $X in 2022. Over the period under review, exports saw buoyant growth. The growth pace was the most rapid in 2019 when exports increased by 5,558% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for sorghum exports from Denmark, with a 96% share of total exports. Moreover, sorghum exports to Norway exceeded the volume sent to the second major destination, Sweden (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway totaled +171.0%.

In value terms, Norway ($X) remains the key foreign market for sorghum exports from Denmark, comprising 99% of total exports. The second position in the ranking was taken by Sweden ($X), with a 0.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Norway amounted to +83.9%.

Export Prices by Country

The average sorghum export price stood at $X per ton in 2022, jumping by 25% against the previous year. Overall, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+3.3%), while the prices for the other major destinations experienced a decline.

Sorghum Imports

Imports into Denmark

In 2022, after two years of decline, there was significant growth in overseas purchases of sorghum, when their volume increased by 43% to X tons. Overall, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2017 with an increase of 117% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sorghum imports surged to $X in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 95%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of sorghum to Denmark, accounting for a 66% share of total imports. Moreover, sorghum imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled -13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (0.0% per year) and Poland (-29.9% per year).

In value terms, Germany ($X) constituted the largest supplier of sorghum to Denmark, comprising 58% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 23% share of total imports. It was followed by Italy, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (0.0% per year) and Italy (0.0% per year).

Import Prices by Country

In 2022, the average sorghum import price amounted to $X per ton, with an increase of 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2021 an increase of 31%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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