Spices; Saffron Price in Denmark - 2023
Contents:
- Spices; Saffron Price in Denmark (CIF) - 2022
- Spices; Saffron Price in Denmark (FOB) - 2022
- Spices; Saffron Imports in Denmark
- Spices; Saffron Exports in Denmark
Spices; Saffron Price in Denmark (CIF) - 2022
In 2022, the average spices; saffron import price amounted to $99,336 per ton, shrinking by -27.3% against the previous year. Overall, the import price recorded a slight decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 106% against the previous year. The import price peaked at $270,309 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Spain ($561,684 per ton), while the price for Jordan ($7,233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Saffron Price in Denmark (FOB) - 2022
The average spices; saffron export price stood at $33,070 per ton in 2022, approximately equating the previous year. Overall, the export price showed resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 187% against the previous year. The export price peaked at $92,975 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($48,600 per ton), while the average price for exports to Faroe Islands ($26,214 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 the UK (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Saffron Imports in Denmark
In 2022, the amount of spices; saffra imported into Denmark reduced to 2.8 tons, approximately mirroring 2021. Overall, imports, however, enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 138%. As a result, imports reached the peak of 2.8 tons, and then shrank in the following year.
In value terms, spices; saffron imports dropped rapidly to $277K in 2022. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.
| Import of Spices; Saffron in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 318 | 246 | 249 | 128 | -26.2% |
| Germany | 34.7 | 14.3 | 19.3 | 64.7 | 23.1% |
| France | 1.8 | 18.3 | 34.8 | 49.0 | 200.8% |
| Sweden | 55.6 | 19.5 | 45.8 | 22.1 | -26.5% |
| Afghanistan | 0.2 | 1.0 | 13.1 | 6.4 | 217.5% |
| Greece | N/A | N/A | N/A | 2.9 | 0% |
| Jordan | N/A | N/A | N/A | 0.4 | 0% |
| Iran | 10.7 | 12.4 | 14.0 | 0.3 | -69.6% |
| Norway | 9.8 | N/A | N/A | N/A | 0% |
| Others | 7.8 | 9.2 | 10.1 | 3.2 | -25.7% |
| Total | 439 | 321 | 386 | 277 | -14.2% |
Top Suppliers of Spices; Saffron to Denmark in 2022:
- Germany (1497.0 kg)
- Sweden (374.0 kg)
- Spain (228.0 kg)
- Afghanistan (210.0 kg)
- Greece (169.0 kg)
- France (137.0 kg)
- Jordan (60.0 kg)
- Iran (3.0 kg)
Spices; Saffron Exports in Denmark
In 2022, after three years of growth, there was significant decline in shipments abroad of spices; saffra, when their volume decreased by -62.4% to 854 kg. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 311%. As a result, the exports attained the peak of 2.3 tons, and then dropped remarkably in the following year.
In value terms, spices; saffron exports fell dramatically to $28K in 2022. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 191%. As a result, the exports reached the peak of $75K, and then declined dramatically in the following year.
| Export of Spices; Saffron in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 26.5 | 17.2 | 63.0 | 22.1 | -5.9% |
| Greenland | 2.0 | 1.6 | 7.9 | 2.5 | 7.7% |
| Iceland | 5.3 | N/A | N/A | 1.3 | -37.4% |
| Faroe Islands | 0.9 | 1.0 | 1.4 | 1.1 | 6.9% |
| United Kingdom | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Germany | N/A | 1.3 | 1.0 | N/A | -23.1% |
| Others | 3.4 | 4.5 | 1.4 | 0.5 | -47.2% |
| Total | 37.9 | 25.7 | 74.8 | 28.2 | -9.4% |
Top Export Markets for Spices; Saffron from Denmark in 2022:
- Norway (670.0 kg)
- Greenland (68.0 kg)
- Faroe Islands (42.0 kg)
- Iceland (38.0 kg)
- United Kingdom (26.0 kg)
134
This report provides an in-depth analysis of the market for spices except pepper or ginger in Denmark.
761
This report provides an in-depth analysis of the ginger market in Denmark.
578
This report provides an in-depth analysis of the market for dog and cat food in Denmark.
657
This report provides an in-depth analysis of the apricot market in Denmark.
1053
This report provides an in-depth analysis of the virgin olive oil market in Denmark.
767
This report provides an in-depth analysis of the paint and varnish market in Denmark.
348
This report provides an in-depth analysis of the olive oil market in Denmark.
376
This report provides an in-depth analysis of the market for urea and thiourea resins in Denmark.
320
This report provides an in-depth analysis of the assembled clock movements market in Denmark.
396
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Denmark.
933
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1032
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
788
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7512
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8596
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1383
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7890
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11887
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1625
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3391
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
