Price for Insects; Live, Other than Bees in Denmark - 2023
Contents:
- Price for Insects; Live, Other than Bees in Denmark (CIF) - 2022
- Price for Insects; Live, Other than Bees in Denmark (FOB) - 2022
- Imports of Insects; Live, Other than Bees in Denmark
- Exports of Insects; Live, Other than Bees in Denmark
Price for Insects; Live, Other than Bees in Denmark (CIF) - 2022
The average import price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, with an increase of 7.1% against the previous year. Over the period under review, the import price, however, faced a precipitous shrinkage. Over the period under review, average import prices reached the maximum at $0.3 per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Germany ($0.1 per thousand units), while the price for the Netherlands (less than $0.1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-11.7%), while the prices for the other major suppliers experienced a decline.
Price for Insects; Live, Other than Bees in Denmark (FOB) - 2022
The average export price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, dropping by -5.6% against the previous year. Over the period under review, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2013 an increase of 70% against the previous year. The export price peaked at less than $0.1 per thousand units in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK (less than $0.1 per thousand units) and Germany (less than $0.1 per thousand units), while the average price for exports to Norway (less than $0.1 per thousand units) and Lithuania (less than $0.1 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Insects; Live, Other than Bees in Denmark
In 2022, after three years of growth, there was significant decline in purchases abroad of insects; live, other than beeses, when their volume decreased by -11.9% to 148B units. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 110% against the previous year. As a result, imports reached the peak of 168B units, and then contracted in the following year.
In value terms, insects; live, other than bees imports declined to $4.7M in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of $5M, and then reduced in the following year.
| Import of Insects; Live, Other than Bees in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,494 | 2,291 | 3,319 | 2,171 | 13.3% |
| Netherlands | 447 | 344 | 514 | 1,194 | 38.7% |
| Italy | 417 | 462 | 941 | 563 | 10.5% |
| France | 3.6 | 5.2 | 6.5 | 466 | 405.9% |
| Spain | N/A | N/A | N/A | 188 | 0% |
| Others | 182 | 186 | 224 | 142 | -7.9% |
| Total | 2,543 | 3,289 | 5,006 | 4,724 | 22.9% |
Top Suppliers of Insects; Live, Other than Bees to Denmark in 2022:
- Belgium (69.0B units)
- Netherlands (52.9B units)
- Italy (9.8B units)
- France (6.9B units)
- Spain (6.5B units)
Exports of Insects; Live, Other than Bees in Denmark
In 2022, shipments abroad of insects; live, other than beeses decreased by -88.1% to 53B units, falling for the second year in a row after two years of growth. In general, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 75% against the previous year. As a result, the exports reached the peak of 493B units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, insects; live, other than bees exports reduced rapidly to $912K in 2022. Overall, exports faced a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 75% against the previous year. As a result, the exports reached the peak of $9.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Insects; Live, Other than Bees in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 663 | 666 | 752 | 700 | 1.8% |
| Finland | 208 | 1,639 | 3,797 | 73.9 | -29.2% |
| Sweden | 1,292 | 1,195 | 1,421 | 50.2 | -66.1% |
| Spain | 205 | 396 | 389 | 26.2 | -49.6% |
| United Kingdom | 168 | 164 | 11.9 | 17.6 | -52.9% |
| Netherlands | 424 | 3,147 | 180 | 12.0 | -69.5% |
| Germany | 406 | 627 | 484 | 4.7 | -77.4% |
| Lithuania | 583 | 300 | 239 | 1.9 | -85.2% |
| Poland | 484 | 186 | 157 | 0.5 | -89.9% |
| Others | 939 | 1,087 | 694 | 24.7 | -70.3% |
| Total | 5,372 | 9,407 | 8,125 | 912 | -44.6% |
Top Export Markets for Insects; Live, Other than Bees from Denmark in 2022:
- Norway (42.2B units)
- Finland (4.0B units)
- Sweden (2.7B units)
- Spain (1.4B units)
- United Kingdom (0.8B units)
- Netherlands (0.6B units)
- Germany (0.2B units)
- Lithuania (0.1B units)
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