Denmark: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in Denmark

The Danish rape and colza seed market dropped sharply to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a pronounced setback. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Rape Or Colza Seed in Denmark

In value terms, rape and colza seed production fell modestly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Rape and colza seed production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of rape or colza seed in Denmark reduced to X tons per ha in 2022, shrinking by X% compared with 2021 figures. Over the period under review, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. The rape and colza seed yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of rape or colza seed were harvested in Denmark; shrinking by X% on 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to rape and colza seed production attained the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area stood at a somewhat lower figure.

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Exports of Rape Or Colza Seed

Exports from Denmark

In 2022, rape and colza seed exports from Denmark skyrocketed to X tons, growing by X% compared with 2021. Overall, exports saw temperate growth. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, rape and colza seed exports surged to $X in 2022. Over the period under review, exports enjoyed a measured expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for rape and colza seed exports from Denmark, accounting for a X% share of total exports. It was followed by Sweden (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%.

In value terms, Germany ($X) remains the key foreign market for rape or colza seed exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%.

Export Prices by Country

In 2022, the average rape and colza seed export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Germany amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rape Or Colza Seed

Imports into Denmark

In 2022, approx. X tons of rape or colza seed were imported into Denmark; reducing by X% on the previous year's figure. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, rape and colza seed imports fell markedly to $X in 2022. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Lithuania (X tons), Germany (X tons) and Luxembourg (X tons) were the main suppliers of rape and colza seed imports to Denmark, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), France ($X) and Germany ($X) constituted the largest rape and colza seed suppliers to Denmark, together accounting for X% of total imports. Sweden, Poland, Luxembourg, Latvia and the UK lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Luxembourg, with a CAGR of X%, saw 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

The average rape and colza seed import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank modestly in the following year.

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 the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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