Flakes; of Potatoes Price in Denmark - 2023

Contents:

  1. Flakes; of Potatoes Price in Denmark (FOB) - 2023
  2. Flakes; of Potatoes Price in Denmark (CIF) - 2023
  3. Flakes; of Potatoes Exports in Denmark
  4. Flakes; of Potatoes Imports in Denmark

Flakes; of Potatoes Price in Denmark (FOB) - 2023

In August 2023, the average flakes; of potatoes export price amounted to $2,113 per ton, almost unchanged from the previous month. Overall, export price indicated a noticeable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +4.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, flakes; of potatoes export price decreased by -4.1% against May 2023 indices. The growth pace was the most rapid in October 2022 when the average export price increased by 13% month-to-month. Over the period under review, the average export prices reached the maximum at $2,205 per ton in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Sweden ($2,716 per ton), while the average price for exports to Poland ($1,400 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Price in Denmark (CIF) - 2023

The average flakes; of potatoes import price stood at $3,743 per ton in August 2023, surging by 2.2% against the previous month. Overall, import price indicated a perceptible increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, flakes; of potatoes import price increased by +2.2% against July 2023 indices. The pace of growth was the most pronounced in January 2023 an increase of 13% month-to-month. The import price peaked in August 2023.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Italy ($3,980 per ton) and France ($3,802 per ton), while the price for Germany ($2,972 per ton) and the UK ($3,012 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Exports in Denmark

In 2022, the amount of flakes; of potatoeses exported from Denmark amounted to 26K tons, approximately reflecting 2021 figures. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 13%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, flakes; of potatoes exports rose remarkably to $36M in 2022. The total export value increased at an average annual rate of +11.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Flakes; of Potatoes in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5.57.16.78.314.7%
Germany4.95.25.25.75.2%
Philippines4.94.03.73.3-12.3%
Thailand1.11.84.23.344.2%
Italy2.42.22.72.62.7%
Indonesia0.22.52.02.1119.0%
China1.31.71.01.67.2%
JapanN/AN/A0.41.5275.0%
Sweden0.71.01.21.322.9%
France1.21.21.21.1-2.9%
United States0.60.60.70.914.5%
Vietnam0.90.70.70.8-3.9%
Jordan0.20.20.30.751.8%
Others2.43.32.92.85.3%
Total26.331.532.836.011.0%

Top Export Markets for Flakes; of Potatoes from Denmark in 2022:

  1. United Kingdom (6.5K tons)
  2. Germany (4.0K tons)
  3. Thailand (2.4K tons)
  4. Philippines (2.3K tons)
  5. Italy (1.7K tons)
  6. Indonesia (1.6K tons)
  7. China (1.2K tons)
  8. Japan (1.0K tons)
  9. France (0.9K tons)
  10. Sweden (0.8K tons)
  11. Vietnam (0.6K tons)
  12. United States (0.5K tons)
  13. Jordan (0.4K tons)

Flakes; of Potatoes Imports in Denmark

In 2022, imports of flakes; of potatoeses into Denmark expanded significantly to 5K tons, increasing by 11% on the previous year. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, flakes; of potatoes imports expanded rapidly to $13M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Flakes; of Potatoes in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4.95.37.07.615.8%
France1.61.51.51.95.9%
United Kingdom0.10.11.11.6152.0%
Spain0.50.80.70.817.0%
Germany0.50.40.40.50.0%
Poland1.1N/AN/AN/A0%
Others0.50.20.20.1-41.5%
Total9.28.211.012.611.1%

Top Suppliers of Flakes; of Potatoes to Denmark in 2022:

  1. Italy (2873.6 tons)
  2. France (836.1 tons)
  3. United Kingdom (735.3 tons)
  4. Spain (297.4 tons)
  5. Germany (236.0 tons)
  6. Poland (2.0 tons)

Source: IndexBox Market Intelligence Platform

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