Price for Flour and Meal; of Potatoes in Denmark - 2023

Price for Flour and Meal; of Potatoes in Denmark (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $2,098 per ton, declining by -4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.3%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the peak figure at $2,328 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($2,806 per ton), while the price for the UK ($1,762 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Denmark (FOB) - 2022

In 2022, the average export price for flour and meal; of potatoeses amounted to $1,766 per ton, reducing by -35.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 78% against the previous year. The export price peaked at $3,379 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Norway ($5,429 per ton), while the average price for exports to Sweden ($1,571 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 Norway (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour and Meal; of Potatoes in Denmark

Flour and meal; of potatoes imports into Denmark soared to 258 tons in 2022, rising by 144% compared with the previous year's figure. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes imports soared to $542K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Flour and Meal; of Potatoes in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	184	179	220	248	10.5%
Poland	1.8	27.9	2.8	192	374.3%
Netherlands	0.1	2.2	0.4	50.5	696.3%
Sweden	0.2	21.1	0.4	45.5	510.5%
Belgium	N/A	22.9	N/A	N/A	0%
Austria	67.5	N/A	N/A	N/A	0%
Others	2.4	13.5	8.9	5.5	31.8%
Total	256	267	233	542	28.4%

Top Suppliers of Flour and Meal; of Potatoes to Denmark in 2022:

Germany (119.8 tons)
Poland (95.1 tons)
Netherlands (25.1 tons)
Sweden (16.2 tons)

Exports of Flour and Meal; of Potatoes in Denmark

In 2022, flour and meal; of potatoes exports from Denmark skyrocketed to 333 tons, jumping by 715% on the year before. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes exports surged to $588K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Flour and Meal; of Potatoes in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	6.5	7.2	2.7	410	298.1%
Iceland	19.3	205	26.2	59.5	45.5%
Norway	23.9	73.4	39.5	45.6	24.0%
Ireland	4.3	5.3	N/A	38.4	107.5%
Germany	26.5	42.8	4.9	7.6	-34.1%
Greenland	45.2	4.8	6.1	2.6	-61.4%
Others	48.3	63.5	33.1	24.2	-20.6%
Total	174	402	112	588	50.1%