Denmark - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDenmark: Market for Broad Beans And Horse Beans (Dry) 2024
Market Size for Broad Beans And Horse Beans (Dry) in Denmark
In 2023, the Danish market for broad beans and horse beans (dry) decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Overall, consumption, however, enjoyed a buoyant expansion. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.
Production of Broad Beans And Horse Beans (Dry) in Denmark
In value terms, broad bean and horse bean production expanded to $X in 2023 estimated in export price. Overall, the total production indicated a notable expansion from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2020 with an increase of X%. Broad bean and horse bean production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.
The average yield of broad beans and horse beans (dry) in Denmark shrank to X tons per ha in 2023, with a decrease of X% on 2022 figures. In general, the yield, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the yield increased by X% against the previous year. Over the period under review, the average broad bean and horse bean yield reached the maximum level at X tons per ha in 2022, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The broad bean and horse bean harvested area in Denmark reduced modestly to X ha in 2023, which is down by X% on the previous year. Over the period under review, the harvested area saw a slight slump. The growth pace was the most rapid in 2022 with an increase of X%. The broad bean and horse bean harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area failed to regain momentum.
Exports of Broad Beans And Horse Beans (Dry)
Exports from Denmark
In 2023, the amount of broad beans and horse beans (dry) exported from Denmark skyrocketed to X tons, surging by X% against 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in the immediate term.
In value terms, broad bean and horse bean exports soared to $X in 2023. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in the near future.
Exports by Country
Norway (X tons) was the main destination for broad bean and horse bean exports from Denmark, accounting for a X% share of total exports. Moreover, broad bean and horse bean exports to Norway exceeded the volume sent to the second major destination, the UK (X tons), fivefold. Germany (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).
In value terms, Norway ($X) remains the key foreign market for broad beans and horse beans (dry) exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Germany, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).
Export Prices by Country
In 2023, the average export price for broad beans and horse beans (dry) amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United States ($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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Broad Beans And Horse Beans (Dry)
Imports into Denmark
In 2023, the amount of broad beans and horse beans (dry) imported into Denmark contracted notably to X tons, which is down by X% against the year before. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports failed to regain momentum.
In value terms, broad bean and horse bean imports declined to $X in 2023. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2022, and then fell in the following year.
Imports by Country
In 2023, the UK (X tons) constituted the largest supplier of broad bean and horse bean to Denmark, accounting for a X% share of total imports. Moreover, broad bean and horse bean imports from the UK exceeded the figures recorded by the second-largest supplier, Latvia (X tons), threefold. The third position in this ranking was held by Lithuania (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and Lithuania (X% per year).
In value terms, the UK ($X) constituted the largest supplier of broad beans and horse beans (dry) to Denmark, comprising X% of total imports. The second position in the ranking was held by Latvia ($X), with a X% share of total imports. It was followed by Lithuania, with a X% share.
From 2012 to 2023, the average annual growth rate of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and Lithuania (X% per year).
Import Prices by Country
In 2023, the average import price for broad beans and horse beans (dry) amounted to $X per ton, increasing by X% against the previous year. In general, import price indicated a mild expansion from 2012 to 2023: its price 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, broad bean and horse bean import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for broad bean and horse bean 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 181 - Broad beans, dry
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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