Denmark: Wheat Bran Market 2024

Wheat Bran Market Size in Denmark

The Danish wheat bran market soared to $X in 2022, with an increase of X% against the previous year. Overall, the total consumption indicated a perceptible expansion from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wheat Bran Production in Denmark

In value terms, wheat bran production surged to $X in 2022 estimated in export price. Over the period under review, production recorded noticeable growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Wheat Bran Exports

Exports from Denmark

In 2022, overseas shipments of wheat bran decreased by X% to X tons, falling for the second consecutive year after seven years of growth. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wheat bran exports reduced rapidly to $X in 2022. Over the period under review, exports showed a precipitous setback. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for wheat bran exports from Denmark, accounting for a X% share of total exports. Moreover, wheat bran exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Sweden (X% per year).

In value terms, the largest markets for wheat bran exported from Denmark were Sweden ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average wheat bran export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price recorded a pronounced decrease. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Germany ($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 mixed trend patterns.

Wheat Bran Imports

Imports into Denmark

In 2022, imports of wheat bran into Denmark contracted to X tons, which is down by X% against the year before. Over the period under review, imports saw a mild decline. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, wheat bran imports rose notably to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X tons), Lithuania (X tons) and Sweden (X tons) were the main suppliers of wheat bran imports to Denmark, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of wheat bran to Denmark, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Sweden (X% per year).

Import Prices by Country

The average wheat bran import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, import price indicated a perceptible 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, wheat bran import price increased by X% against 2016 indices. As a result, import price attained the peak level and is likely to continue 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 the Netherlands ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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