Denmark: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Denmark

In 2022, the Danish pasta and couscous market decreased by -9.1% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, continues to indicate a remarkable increase. Pasta and couscous consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Pasta And Couscous Production in Denmark

In value terms, pasta and couscous production surged to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Pasta And Couscous Exports

Exports from Denmark

For the fifth year in a row, Denmark recorded growth in overseas shipments of stuffed pasta and couscous, which increased by 150% to X tons in 2022. In general, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pasta and couscous exports surged to $X in 2022. Overall, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for pasta and couscous exports from Denmark, with a 61% share of total exports. Moreover, pasta and couscous exports to Germany exceeded the volume sent to the second major destination, Sweden (X tons), fivefold. Belgium (X tons) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+12.3% per year) and Belgium (+56.0% per year).

In value terms, the largest markets for pasta and couscous exported from Denmark were Germany ($X), Sweden ($X) and Finland ($X), together comprising 71% of total exports. Greenland, the UK, Belgium, Norway, Iceland, France and the Netherlands lagged somewhat behind, together comprising a further 24%.

In terms of the main countries of destination, Belgium, with a CAGR of +43.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pasta and couscous export price stood at $X per ton in 2022, declining by -19% against the previous year. Overall, the export price, however, posted tangible growth. The pace of growth was the most pronounced in 2014 an increase of 126% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greenland ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into Denmark

In 2022, the amount of stuffed pasta and couscous imported into Denmark soared to X tons, growing by 21% against the previous year's figure. In general, imports recorded prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by 34% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, pasta and couscous imports surged to $X in 2022. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and Belgium (X tons) were the main suppliers of pasta and couscous imports to Denmark, with a combined 55% share of total imports. Sweden, Thailand, Latvia, China, the Netherlands and France lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of +207.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pasta and couscous suppliers to Denmark were Germany ($X), Italy ($X) and Sweden ($X), with a combined 56% share of total imports. Thailand, Belgium, the Netherlands, China, Latvia and France lagged somewhat behind, together accounting for a further 29%.

In terms of the main suppliers, Latvia, with a CAGR of +171.1%, recorded the highest growth rate of 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 pasta and couscous import price stood at $X per ton in 2022, reducing by -4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2016 an increase of 10%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then fell slightly in the following year.

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 Sweden ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :