Denmark: Tapioca And Substitutes Market 2025

Tapioca And Substitutes Market Size in Denmark

The Danish tapioca and substitutes market dropped dramatically to $X in 2021, with a decrease of -15.9% against the previous year. Over the period under review, consumption, however, enjoyed a measured expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Tapioca And Substitutes Production in Denmark

In value terms, tapioca and substitutes production totaled less than $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern.

Tapioca And Substitutes Exports

Exports from Denmark

In 2021, overseas shipments of tapioca and substitutes increased by 8,850% to X tons, rising for the second year in a row after three years of decline. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tapioca and substitutes exports soared to $X in 2021. Over the period under review, exports posted a significant 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 tapioca and substitutes exports from Denmark, accounting for a 89% share of total exports. Moreover, tapioca and substitutes exports to Germany exceeded the volume sent to the second major destination, Norway (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +29.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+7.6% per year) and the Netherlands (0.0% per year).

In value terms, Germany ($X) emerged as the key foreign market for tapioca and substitutes exports from Denmark, comprising 91% of total exports. The second position in the ranking was taken by Norway ($X), with a 4.5% share of total exports. It was followed by the Netherlands, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +45.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+15.1% per year) and the Netherlands (0.0% per year).

Export Prices by Country

The average tapioca and substitutes export price stood at $X per ton in 2021, growing by 27% against the previous year. Overall, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 56% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greenland ($X per ton), while the average price for exports to Sweden ($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 Germany (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tapioca And Substitutes Imports

Imports into Denmark

In 2021, supplies from abroad of tapioca and substitutes increased by 131% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports saw a moderate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tapioca and substitutes imports surged to $X in 2021. In general, imports showed a buoyant increase. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Germany (X tons) and Sweden (X tons) were the main suppliers of tapioca and substitutes imports to Denmark, with a combined 66% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +91.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Sweden ($X) were the largest tapioca and substitutes suppliers to Denmark, together accounting for 66% of total imports.

In terms of the main suppliers, Sweden, with a CAGR of +82.8%, 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 tapioca and substitutes import price stood at $X per ton in 2021, growing by 20% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 45% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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