Cereals; Rye, Seed Price in Denmark - 2023
Contents:
- Cereals; Rye, Seed Price in Denmark (FOB) - 2022
- Cereals; Rye, Seed Price in Denmark (CIF) - 2022
- Cereals; Rye, Seed Exports in Denmark
- Cereals; Rye, Seed Imports in Denmark
Cereals; Rye, Seed Price in Denmark (FOB) - 2022
In 2022, the average cereals; rye, seed export price amounted to $1,389 per ton, surging by 20% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +11.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; rye, seed export price increased by +68.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 73%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,263 per ton), while the average price for exports to Germany ($960 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 Latvia (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cereals; Rye, Seed Price in Denmark (CIF) - 2022
The average cereals; rye, seed import price stood at $1,222 per ton in 2022, declining by -21.3% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 83% against the previous year. Over the period under review, average import prices attained the maximum at $1,553 per ton in 2021, and then contracted notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,877 per ton), while the price for Poland ($943 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+69.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Rye, Seed Exports in Denmark
In 2022, the amount of cereals; rye, seeds exported from Denmark soared to 6K tons, rising by 15% on the previous year's figure. In general, exports saw mild growth. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of 6.7K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cereals; rye, seed exports skyrocketed to $8.3M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Rye, Seed in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,661 | 2,741 | 2,722 | 2,067 | -8.1% |
| Sweden | 194 | 1,109 | 800 | 1,710 | 106.6% |
| Finland | 149 | 427 | 608 | 1,024 | 90.1% |
| Latvia | 248 | 491 | 503 | 753 | 44.8% |
| Austria | 72.4 | 80.0 | N/A | 673 | 110.3% |
| Norway | 234 | 122 | 93.4 | 443 | 23.7% |
| Poland | 825 | 509 | 470 | 406 | -21.0% |
| Ukraine | N/A | 180 | 175 | N/A | -2.8% |
| Others | 395 | 531 | 592 | 1,195 | 44.6% |
| Total | 4,779 | 6,188 | 5,964 | 8,271 | 20.1% |
Top Export Markets for Cereals; Rye, Seed from Denmark in 2022:
- Germany (2152.7 tons)
- Sweden (1097.3 tons)
- Finland (593.7 tons)
- Latvia (457.1 tons)
- Austria (365.6 tons)
- Poland (333.4 tons)
- Norway (293.0 tons)
Cereals; Rye, Seed Imports in Denmark
After two years of decline, supplies from abroad of cereals; rye, seeds increased by 60% to 1.2K tons in 2022. Over the period under review, imports, however, continue to indicate a sharp curtailment.
In value terms, cereals; rye, seed imports skyrocketed to $1.5M in 2022. In general, imports, however, saw a abrupt setback.
| Import of Cereals; Rye, Seed in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,865 | 863 | 901 | 1,219 | -13.2% |
| Poland | 128 | 180 | 178 | 207 | 17.4% |
| France | 87.9 | 4.8 | 65.0 | 40.0 | -23.1% |
| Others | 157 | 11.3 | 21.3 | N/A | -63.2% |
| Total | 2,238 | 1,059 | 1,166 | 1,465 | -13.2% |
Top Suppliers of Cereals; Rye, Seed to Denmark in 2022:
- Germany (959.0 tons)
- Poland (219.2 tons)
- France (21.3 tons)
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