Denmark: Vegetable Market 2024

Vegetable Market Size in Denmark

In 2022, after three years of growth, there was decline in the Danish vegetable market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then contracted slightly in the following year.

Vegetable Production in Denmark

In value terms, vegetable production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Vegetable production peaked at $X in 2020; afterwards, it flattened through to 2022.

The average yield of vegetables in Denmark stood at X tons per ha in 2022, surging by X% on 2021. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. The vegetable yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the vegetable harvested area in Denmark rose to X ha, increasing by X% on the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the vegetable harvested area failed to regain momentum.

Vegetable Exports

Exports from Denmark

In 2022, overseas shipments of vegetables were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vegetable exports rose to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X tons), Germany (X tons) and Norway (X tons) were the main destinations of vegetable exports from Denmark, together accounting for X% of total exports. Egypt, Morocco, Algeria, Finland, Italy, the Netherlands and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and Norway ($X) were the largest markets for vegetable exported from Denmark worldwide, with a combined X% share of total exports. Egypt, the Netherlands, Algeria, Morocco, Italy, Finland and Spain lagged somewhat behind, together comprising a further X%.

Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average vegetable export price stood at $X per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Finland ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Imports

Imports into Denmark

In 2022, purchases abroad of vegetables decreased by X% to X tons, falling for the fourth year in a row after two years of growth. In general, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, vegetable imports fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021, and then contracted in the following year.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Spain (X tons) were the main suppliers of vegetable imports to Denmark, with a combined X% share of total imports. Italy, Sweden, Poland and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Spain ($X) and Germany ($X) appeared to be the largest vegetable suppliers to Denmark, together comprising X% of total imports. Italy, Sweden, Poland and France lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Sweden, with a CAGR of X%, saw 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

In 2022, the average vegetable import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then shrank slightly in the following year.

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

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

Source: IndexBox Platform

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