Denmark - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Cherry and Sour Cherry in Denmark - 2023
Contents:
- Price for Cherry and Sour Cherry in Denmark (CIF) - 2023
- Price for Cherry and Sour Cherry in Denmark (FOB) - 2022
- Imports of Cherry and Sour Cherry in Denmark
- Exports of Cherry and Sour Cherry in Denmark
Price for Cherry and Sour Cherry in Denmark (CIF) - 2023
The average cherry and sour cherry import price stood at $4,915 per ton in June 2023, dropping by -3.3% against the previous month. Over the period under review, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 1,180% month-to-month. As a result, import price attained the peak level of $134K per ton. From May 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($7,751 per ton), while the price for Spain ($4,255 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cherry and Sour Cherry in Denmark (FOB) - 2022
In 2022, the average cherry and sour cherry export price amounted to $3,610 per ton, reducing by -15.2% against the previous year. In general, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 75% against the previous year. The export price peaked at $5,288 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +19.9% per year.
Imports of Cherry and Sour Cherry in Denmark
In 2022, overseas purchases of cherries and sour cherries were finally on the rise to reach 2.9K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cherry and sour cherry imports contracted to $8.7M in 2022. Overall, imports, however, continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of less than 0.1% against the previous year. As a result, imports attained the peak of $9.3M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Cherry and Sour Cherry in Denmark (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 4.1 | 4.0 | 3.6 | 3.4 | -6.0% |
Germany | 2.5 | 3.2 | 2.2 | 2.3 | -2.7% |
Spain | 0.8 | 0.1 | 1.9 | 1.3 | 17.6% |
Netherlands | 0.9 | 0.8 | 0.7 | 0.7 | -8.0% |
Italy | N/A | 0.1 | 0.5 | 0.5 | 123.6% |
Greece | 0.8 | 1.0 | 0.2 | 0.3 | -27.9% |
Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
Total | 9.3 | 9.3 | 9.2 | 8.7 | -2.2% |
Top Suppliers of Cherry and Sour Cherry to Denmark in 2022:
- Turkey (1013.0 tons)
- Germany (930.0 tons)
- Spain (340.3 tons)
- Italy (266.6 tons)
- Netherlands (205.1 tons)
- Greece (95.7 tons)
Exports of Cherry and Sour Cherry in Denmark
Cherry and sour cherry exports from Denmark skyrocketed to 665 tons in 2022, with an increase of 37% on 2021 figures. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.0% 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 +75.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cherry and sour cherry exports skyrocketed to $2.4M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 27%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
Export of Cherry and Sour Cherry in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1.6 | 1.4 | 2.0 | 2.3 | 12.9% |
Finland | 0.3 | N/A | N/A | N/A | 0% |
Others | N/A | 0.2 | N/A | 0.1 | -29.3% |
Total | 1.9 | 1.6 | 2.1 | 2.4 | 8.1% |
Top Export Markets for Cherry and Sour Cherry from Denmark in 2022:
- Sweden (646.9 tons)
- Finland (0.6 tons)
This report provides an in-depth analysis of the market for cherry and sour cherry in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 530 - Sour cherries
- FCL 531 - Cherries
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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