Price for Protein; Concentrates and Textured Protein Substances in Denmark - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Denmark (FOB) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Denmark (CIF) - 2022
- Exports of Protein; Concentrates and Textured Protein Substances in Denmark
- Imports of Protein; Concentrates and Textured Protein Substances in Denmark
Price for Protein; Concentrates and Textured Protein Substances in Denmark (FOB) - 2022
In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $5,316 per ton, surging by 13% against the previous year. Overall, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 47%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($14,570 per ton), while the average price for exports to Lithuania ($1,360 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Denmark (CIF) - 2022
In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $3,842 per ton, approximately equating the previous year. In general, the import price showed a pronounced curtailment. The growth pace was the most rapid in 2018 an increase of 26% against the previous year. Over the period under review, average import prices attained the peak figure at $5,239 per ton in 2012; however, from 2013 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 United States ($31,994 per ton), while the price for Finland ($1,218 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+47.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Protein; Concentrates and Textured Protein Substances in Denmark
In 2022, overseas shipments of protein; concentrates and textured protein substanceses decreased by -39.5% to 5K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. As a result, the exports reached the peak of 9.9K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of protein; concentrates and textured protein substanceses declined notably to $26M in 2022. Overall, exports showed a slight decline. The pace of growth appeared the most rapid in 2020 with an increase of 18%.
| Export of Protein; Concentrates and Textured Protein Substances in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.8 | 1.9 | 3.8 | 4.0 | 30.5% |
| Norway | 1.4 | 2.4 | 2.7 | 3.5 | 35.7% |
| Sweden | 4.8 | 5.3 | 8.0 | 3.3 | -11.7% |
| Netherlands | 2.8 | 2.9 | 3.1 | 2.0 | -10.6% |
| Italy | 0.3 | 0.8 | 1.2 | 1.7 | 78.3% |
| Poland | 0.4 | 0.4 | 1.4 | 1.7 | 62.0% |
| Spain | 0.8 | 1.3 | 1.6 | 1.5 | 23.3% |
| United Kingdom | 0.9 | 0.5 | 0.5 | 1.1 | 6.9% |
| Switzerland | 8.3 | 9.1 | 7.3 | 0.8 | -54.2% |
| Finland | 0.5 | 0.9 | 1.2 | 0.7 | 11.9% |
| Romania | 0.6 | 0.2 | 0.3 | 0.4 | -12.6% |
| Hungary | 0.3 | 0.3 | 0.1 | 0.3 | 0.0% |
| Lithuania | 0.4 | 0.2 | 0.2 | 0.1 | -37.0% |
| Others | 4.5 | 6.8 | 7.1 | 5.2 | 4.9% |
| Total | 27.9 | 32.9 | 38.4 | 26.4 | -1.8% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Denmark in 2022:
- Germany (871.9 tons)
- Poland (582.6 tons)
- Sweden (567.2 tons)
- Italy (418.9 tons)
- Netherlands (317.8 tons)
- Norway (241.3 tons)
- United Kingdom (231.3 tons)
- Spain (190.4 tons)
- Finland (156.8 tons)
- Switzerland (155.3 tons)
- Hungary (147.0 tons)
- Romania (135.8 tons)
- Lithuania (85.0 tons)
Imports of Protein; Concentrates and Textured Protein Substances in Denmark
In 2022, after three years of growth, there was decline in purchases abroad of protein; concentrates and textured protein substanceses, when their volume decreased by -0.7% to 5.6K tons. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of 5.7K tons, leveling off in the following year.
In value terms, imports of protein; concentrates and textured protein substanceses dropped modestly to $22M in 2022. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 83%. As a result, imports reached the peak of $22M, leveling off in the following year.
| Import of Protein; Concentrates and Textured Protein Substances in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1.7 | 2.3 | 4.3 | 4.8 | 41.3% |
| Norway | N/A | 1.0 | 2.7 | 4.8 | 119.1% |
| Netherlands | 3.7 | 4.2 | 5.6 | 3.4 | -2.8% |
| Germany | 1.4 | 1.3 | 4.7 | 3.0 | 28.9% |
| France | 0.1 | 0.1 | 0.8 | 1.2 | 128.9% |
| Czech Republic | 0.7 | 0.9 | 0.9 | 1.0 | 12.6% |
| Serbia | 0.2 | 0.3 | 0.7 | 0.6 | 44.2% |
| Finland | 0.4 | 0.2 | 0.3 | 0.1 | -37.0% |
| Others | 2.3 | 1.7 | 1.9 | 2.7 | 5.5% |
| Total | 10.5 | 11.9 | 21.8 | 21.7 | 27.4% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Denmark in 2022:
- Norway (1827.5 tons)
- Germany (1121.1 tons)
- Netherlands (669.8 tons)
- Sweden (644.5 tons)
- Czech Republic (334.1 tons)
- Serbia (319.0 tons)
- France (190.9 tons)
- Finland (84.8 tons)
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