Denmark: Lemon And Lime Market Overview 2021

Lemon And Lime Market Size in Denmark

In 2019, the Danish lemon and lime market decreased by -X% to $X for the first time since 2015, thus ending a three-year rising trend. Overall, the total consumption indicated a noticeable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018, and then declined in the following year.

Lemon And Lime Exports

Exports from Denmark

In 2019, approx. X tonnes of lemons and limes were exported from Denmark; with a decrease of -X% compared with 2018. Overall, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2009 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2018, and then declined significantly in the following year.

In value terms, lemon and lime exports fell notably to $X in 2019. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2018, and then contracted sharply in the following year.

Exports by Country

Sweden (X tonnes) was the main destination for lemon and lime exports from Denmark, accounting for a X% share of total exports. Moreover, lemon and lime exports to Sweden exceeded the volume sent to the second major destination, Spain (X tonnes), more than tenfold. Iceland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Iceland (+X% per year).

In value terms, Sweden ($X) remains the key foreign market for lemon and lime exports from Denmark, comprising X% of total exports. The second position in the ranking was occupied by Iceland ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Sweden totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2019, the average lemon and lime export price amounted to $X per tonne, jumping by X% against the previous year. In general, export price indicated slight growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, lemon and lime export price increased by +X% against 2017 indices. The export price peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Faroe Islands ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced more modest paces of growth.

Lemon And Lime Imports

Imports into Denmark

In 2019, after five years of growth, there was significant decline in supplies from abroad of lemons and limes, when their volume decreased by -X% to X tonnes. Overall, total imports indicated a pronounced increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018, and then reduced rapidly in the following year.

In value terms, lemon and lime imports declined remarkably to $X in 2019. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018, and then reduced sharply in the following year.

Imports by Country

Spain (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes) were the main suppliers of lemon and lime imports to Denmark, with a combined X% share of total imports. Argentina, Italy, South Africa and Chile lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Chile, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lemon and lime suppliers to Denmark were Spain ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports. Italy, Argentina, South Africa and Chile lagged somewhat behind, together comprising a further X terms of the main suppliers, Argentina recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average lemon and lime import price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lemons and limes in the world?

+

The countries with the highest volumes of lemon and lime consumption in 2019 were India (3.5M tonnes), China (2.7M tonnes) and Mexico (1.9M tonnes), with a combined 40% share of global consumption. Argentina, the U.S., Brazil, Turkey, Italy, Iran, Syrian Arab Republic, Sudan, Egypt and Colombia lagged somewhat behind, together accounting for a further 37%.

What are the largest producers of lemons and limes in the world?

+

The countries with the highest volumes of lemon and lime production in 2019 were India (3.5M tonnes), Mexico (2.7M tonnes) and China (2.7M tonnes), together accounting for 44% of global production. Argentina, Brazil, Turkey, Spain, the U.S., South Africa, Iran, Italy, Syrian Arab Republic and Egypt lagged somewhat behind, together accounting for a further 41%.

What are the leading suppliers of lemons and limes to Denmark?

+

In value terms, Spain ($11M), the Netherlands ($5.9M) and Germany ($4.7M) were the largest lemon and lime suppliers to Denmark, together accounting for 80% of total imports. Italy, Argentina, South Africa and Chile lagged somewhat behind, together comprising a further 18%.

What are the leading importers of lemons and limes from Denmark?

+

In value terms, Sweden ($3.5M) remains the key foreign market for lemon and lime exports from Denmark, comprising 76% of total exports. The second position in the ranking was occupied by Iceland ($271K), with a 5.8% share of total exports. It was followed by the Netherlands, with a 4.7% share.

What is the average export price for lemons and limes in Denmark?

+

The average lemon and lime export price stood at $1,648 per tonne in 2019, picking up by 40% against the previous year.

What is the average import price for lemons and limes in Denmark?

+

In 2019, the average lemon and lime import price amounted to $1,487 per tonne, increasing by 4.9% against the previous year.