Denmark: Coffee Extract Market 2024

Coffee Extract Market Size in Denmark

The Danish coffee extract market was estimated at $X in 2023, picking up by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.

Coffee Extract Production in Denmark

In value terms, coffee extract production declined significantly to $X in 2023 estimated in export price. In general, production, however, faced a dramatic contraction. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Coffee Extract Exports

Exports from Denmark

In 2023, the amount of coffee extracts, essences and concentrates exported from Denmark skyrocketed to X tons, rising by X% on the year before. In general, exports enjoyed resilient growth. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2023, the growth of the exports remained at a lower figure.

In value terms, coffee extract exports skyrocketed to $X in 2023. Overall, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Norway (X tons), Sweden (X tons) and Finland (X tons) were the main destinations of coffee extract exports from Denmark, with a combined X% share of total exports. Lithuania, Germany, France, the Netherlands, Greenland, Iceland, Faroe Islands, the UK and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Norway ($X) and Lithuania ($X) were the largest markets for coffee extract exported from Denmark worldwide, with a combined X% share of total exports. Finland, Germany, France, Greenland, the Netherlands, Faroe Islands, Iceland, the UK and Belgium lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, France, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average coffee extract export price stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price, however, showed a noticeable contraction. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Faroe Islands ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coffee Extract Imports

Imports into Denmark

After two years of growth, overseas purchases of coffee extracts, essences and concentrates decreased by X% to X tons in 2023. In general, total imports indicated a noticeable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2022, and then contracted in the following year.

In value terms, coffee extract imports rose rapidly to $X in 2023. Overall, total imports indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2022 when imports increased by X%. Imports peaked in 2023 and are likely to continue growth in years to come.

Imports by Country

In 2023, the Netherlands (X tons) constituted the largest supplier of coffee extract to Denmark, accounting for a X% share of total imports. Moreover, coffee extract imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The UK (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual growth rate of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of coffee extracts, essences and concentrates to Denmark, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual growth rate of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

Import Prices by Country

In 2023, the average coffee extract import price amounted to $X per ton, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The import price peaked in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform