Maize market in Denmark

Earlier Report Observations

The volume of the maize market in Denmark displayed considerable fluctuation from 2018 to 2023. Starting at 423.8 thousand tonnes in 2018, it declined to 397.5 thousand tonnes the following year before contracting sharply to 177.2 thousand tonnes in 2020. A modest recovery to 189.1 thousand tonnes occurred in 2021, followed by a more substantial rebound to 291.6 thousand tonnes in 2022. The market then contracted again to 218.2 thousand tonnes in 2023.

These movements were primarily shaped by changes in import volumes, which constitute the largest component of market supply. Imports fell dramatically from over 435 thousand tonnes in 2018-2019 to 172.3 thousand tonnes in 2020 and 147.4 thousand tonnes in 2021, before rising to 238.0 thousand tonnes in 2022. Domestic production, while much smaller, showed growth from 35.5 thousand tonnes in 2018 to a peak of 60.7 thousand tonnes in 2022, contributing to the market recovery that year. Export volumes were generally low after a spike in 2019, having minimal impact on overall market size.

For the later years of the period, import trends continued with a gradual decline from 181.7 thousand tonnes in 2023 to 157.5 thousand tonnes in 2025, while exports remained negligible. The available data indicates a market that remained below its pre-2020 levels after the initial shock, with supply dynamics continuing to adjust.

Production maize in Denmark

In kind, 2018-2021, t

Top producers of maize, 2018-2021

World map of production of maize, 2018-2021

In 2021, Denmark produced 45 270 tonnes of maize, representing a 16.9% increase compared to the previous year. Between 2018 and 2021, production grew by 27.6%, which translates to an annualized growth rate of 8.5%. The most significant decline occurred in 2020, when production fell by 5.1%.

Annual dynamics of production in Denmark in kind, 2018-2021, t

Exports maize from Denmark

Exports in kind, K t

The market showed an unstable trend throughout the period. Exports reached their lowest point in 2021 and peaked in 2019, with a 22-fold difference between these years. In 2021, Denmark's cross-border shipments of maize amounted to 3.6 thousand tonnes, marking a sharp year-on-year decline of 89.3%. The highest export volume was recorded in 2019 at 79.5 thousand tonnes, which also saw the largest increase of 68.0%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, K t

From 2018 to 2021, Germany remained the primary destination for Denmark's maize exports, accounting for 82.2% of total exports in volume. The remaining volume was distributed among other countries.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, M $ US

The market exhibited an unstable trend throughout the timeframe. Export volumes reached their lowest point in 2021 and peaked in 2020, with a top-to-bottom ratio of 3.2 times. In 2021, Denmark's maize exports were valued at 5.8 million US dollars, reflecting a 68.9% decrease from the previous year. The maximum value was recorded in 2020 at 18.6 million US dollars, which also experienced the largest increase of 103.4%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, M $ US

Between 2018 and 2021, Germany and Sweden were the main buyers of maize from Denmark, together representing 89.9% of total exports in value terms. The remainder was fragmented across other countries.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports maize to Denmark

Imports in kind, K t

Denmark's maize imports declined for the second consecutive year. In 2021, import volume reached 147.4 thousand tonnes, which is 14.4% lower than the previous year. Over the period from 2018 to 2021, imports decreased by 66.2%, with a compound annual growth rate of -30.3%. The highest import volume was recorded in 2019 at 436.2 thousand tonnes. The largest decline occurred in 2020 with a 60.5% drop, while the largest increase was in 2019 at 0.1%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, K t

From 2018 to 2021, Ukraine, Lithuania, and Poland remained the principal suppliers of maize to Denmark. Ukraine accounted for 39.4% of imports in volume, Lithuania for 27.4%, and Poland for 13.3%, jointly making up 80.1% of total imports in kind.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, M $ US

Maize import volumes in Denmark declined for the third consecutive year. In 2021, imports totaled 70.8 million US dollars, representing a 1.6% year-on-year decrease. Over the period from 2018 to 2021, imports fell by 47.7%, with a compound annual growth rate of -19.4%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, M $ US

Throughout 2018 to 2021, Ukraine, France, and Lithuania formed the core of Denmark's maize imports in value terms. Ukraine accounted for 24.6% of imports in value, France for 21.2%, and Lithuania for 16.1%, together accounting for 61.9% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021