Denmark: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Denmark

The Danish whole fresh milk market reduced to $X in 2022, standing approx. at the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Whole Fresh Milk Production in Denmark

In value terms, whole fresh milk production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 13% against the previous year. Whole fresh milk production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Whole Fresh Milk Exports

Exports from Denmark

In 2022, exports of whole fresh milk from Denmark fell to X tons, which is down by -1.7% against the previous year's figure. The total export volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when exports increased by 41%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, whole fresh milk exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +2.7% 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 2021 when exports increased by 24% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for whole fresh milk exports from Denmark, accounting for a 95% share of total exports. It was followed by Sweden (X tons), with a 1.5% share of total exports. The third position in this ranking was held by the Netherlands (X tons), with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-10.5% per year) and the Netherlands (-23.0% per year).

In value terms, Germany ($X) remains the key foreign market for whole fresh milk exports from Denmark, comprising 90% of total exports. The second position in the ranking was held by Sweden ($X), with a 2.4% share of total exports. It was followed by the Netherlands, with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-9.5% per year) and the Netherlands (-20.9% per year).

Export Prices by Country

The average whole fresh milk export price stood at $X per ton in 2022, picking up by 20% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood 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 the UK ($X per ton), while the average price for exports to Germany ($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 (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports

Imports into Denmark

In 2022, purchases abroad of whole fresh milk decreased by -54.9% to X tons, falling for the fourth consecutive year after seven years of growth. Over the period under review, imports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 when imports increased by 41% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, whole fresh milk imports contracted remarkably to $X in 2022. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 68%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest whole fresh milk supplier to Denmark, accounting for a 62% share of total imports. Moreover, whole fresh milk imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-6.6% per year) and the Czech Republic (+118.6% per year).

In value terms, Germany ($X) constituted the largest supplier of whole fresh milk to Denmark, comprising 66% of total imports. The second position in the ranking was held by Sweden ($X), with a 16% share of total imports. It was followed by the Czech Republic, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-6.1% per year) and the Czech Republic (+120.1% per year).

Import Prices by Country

In 2022, the average whole fresh milk import price amounted to $X per ton, shrinking by -8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2017 an increase of 35% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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