Price for Vegetable Products Not Elsewhere Specified or Included in Denmark - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Denmark (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Denmark (FOB) - 2024
- Imports of Vegetable Products Not Elsewhere Specified or Included in Denmark
- Exports of Vegetable Products Not Elsewhere Specified or Included in Denmark
Price for Vegetable Products Not Elsewhere Specified or Included in Denmark (CIF) - 2022
In 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $652 per ton, with an increase of 63% against the previous year. In general, the import price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 172% against the previous year. The import price peaked at $1,197 per ton in 2012; however, from 2013 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 Turkey ($4,046 per ton), while the price for Estonia ($344 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in Denmark (FOB) - 2024
In August 2023, the average export price for vegetable products not elsewhere specified or includeds amounted to $172 per ton, waning by -2.4% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 12% against the previous month. As a result, the export price attained the peak level of $181 per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From January 2023 to August 2023, the rate of growth in terms of prices for Germany amounted to +5.8% per month.
Imports of Vegetable Products Not Elsewhere Specified or Included in Denmark
In 2022, approx. 22K tons of vegetable products not elsewhere specified or includeds were imported into Denmark; picking up by 5.3% compared with 2021. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 158% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vegetable products not elsewhere specified or includeds soared to $25M in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 85%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Vegetable Products Not Elsewhere Specified or Included in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.1 | 5.2 | 6.7 | 13.7 | 415.5% |
| Germany | 0.9 | 2.8 | 4.5 | 3.1 | 51.0% |
| Estonia | N/A | 0.7 | N/A | 1.9 | 64.8% |
| Russia | 3.4 | 1.1 | 2.1 | 1.9 | -17.6% |
| Turkey | N/A | N/A | N/A | 1.7 | 0% |
| Sweden | 0.6 | 0.3 | 0.3 | 0.8 | 10.1% |
| Ukraine | 0.2 | 0.3 | 0.1 | 0.2 | 0.0% |
| Sri Lanka | 0.6 | 0.7 | 0.5 | N/A | -8.7% |
| Others | 0.7 | 0.9 | 1.0 | 1.3 | 22.9% |
| Total | 6.5 | 11.9 | 15.3 | 24.6 | 55.8% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Denmark in 2022:
- Netherlands (10.0K tons)
- Estonia (5.5K tons)
- Germany (3.1K tons)
- Russia (0.9K tons)
- Sweden (0.8K tons)
- Ukraine (0.5K tons)
- Turkey (0.4K tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Denmark
In 2022, overseas shipments of vegetable products not elsewhere specified or includeds decreased by -29.1% to 67K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of 95K tons, and then contracted markedly in the following year.
In value terms, exports of vegetable products not elsewhere specified or includeds reduced rapidly to $10M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $16M, and then dropped significantly in the following year.
| Export of Vegetable Products Not Elsewhere Specified or Included in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.5 | 4.6 | 8.1 | 5.8 | 32.4% |
| Germany | 6.7 | 5.0 | 5.3 | 3.5 | -19.5% |
| Norway | 0.8 | 0.8 | 0.9 | 0.8 | 0.0% |
| Others | 0.2 | 1.5 | 1.6 | 0.2 | 0.0% |
| Total | 10.1 | 12.0 | 16.0 | 10.3 | 0.7% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Denmark in 2022:
- Netherlands (38.7K tons)
- Germany (25.9K tons)
- Norway (2.4K tons)
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