Prepared or preserved groundnuts market in Denmark

Earlier Report Observations

The market volume for prepared or preserved groundnuts in Denmark increased from 9 358 tons in 2018 to a peak of 10 882 tons in 2020, before edging down to 10 648 tons in 2021. In value terms, the market fluctuated, reaching 48 592 thousand USD in 2019 but generally remaining in the 44-48 thousand USD range through 2021.

A sharp contraction occurred in 2022, with market volume nearly halving to 5 424 tons and value dropping to 28 136 thousand USD. The market stabilized in 2023 at around 5 420 tons, then recovered to 6 380 tons in 2024, a 17.7% increase. This recovery coincided with rising retail sales of organic food in Denmark, which likely supported demand for organic groundnut products.

By 2025, global factors such as supply-demand imbalances and extreme weather in producing countries are affecting food prices, including for groundnuts. Additionally, public grants for plant-based projects and the paused activities of player Tropica-Scandi indicate shifts in market support and the competitive landscape.

Production prepared or preserved groundnuts in Denmark

In value, 2018-2021, K $ US

In 2021, Denmark's output of prepared or preserved groundnuts was valued at 35 151 thousand US dollars, marking a 7.8% increase compared to the previous year. Over the period from 2018 to 2021, production decreased by 9.9%, which translates to an annualized decline of 3.4%. The highest value was recorded in 2019 at 41 497 thousand US dollars, while the lowest was in 2020 at 32 620 thousand US dollars. The most significant drop occurred in 2020, with a decline of 21.4%.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

In kind, 2018-2021, t

From 2018 to 2021, Denmark ranked 18th globally in the production of prepared or preserved groundnuts.

Top producers of prepared or preserved groundnuts, 2018-2021

World map of production of prepared or preserved groundnuts, 2018-2021

In 2021, Denmark produced 6 861 tonnes of prepared or preserved groundnuts, showing no change from the prior year. The highest production level was in 2019 at 7 402 tonnes, and the lowest was in 2020 at 6 840 tonnes. The largest decrease was recorded in 2020, with a 7.6% drop, while the biggest increase occurred in 2019, rising by 8.2%.

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

Exports prepared or preserved groundnuts from Denmark

Exports in kind, t

Denmark's exports of prepared or preserved groundnuts declined for the second year in a row. In 2021, exports stood at 1 144 tonnes, down 7.4% from 2020. Between 2018 and 2021, exports fell by 33.5%, averaging an annual decrease of 12.7%. The peak was in 2019 at 1 753 tonnes. The sharpest decline happened in 2020, dropping 29.5%, whereas the largest increase was in 2019, up 1.8%.

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

From 2018 to 2021, Sweden, Germany, and Norway consistently led Denmark's export structure for prepared or preserved groundnuts in volume terms. Sweden accounted for 34.6% of exports, Germany for 30.5%, and Norway for 9.8%, together making up 74.9% of total export flows.

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, K $ US

The value of prepared or preserved groundnuts exported from Denmark fell for the second consecutive year. In 2021, exports amounted to 5 732 thousand US dollars, a decrease of 2.9% from the previous year. Over the 2018-2021 period, export value dropped by 25.1%, with an annualized decline of 9.2%. The highest value was in 2019 at 7 721 thousand US dollars. The most substantial decrease occurred in 2020, down 23.6%, while the largest increase was in 2019, up 0.9%.

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

During 2018-2021, Germany, Sweden, and Norway were the key partners for Denmark's exports of prepared or preserved groundnuts in value terms. Germany represented 29.6% of export value, Sweden 27.3%, and Norway 11.8%, collectively accounting for 68.8% of total export flows.

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

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

Imports prepared or preserved groundnuts to Denmark

Imports in kind, t

Following two years of growth, Denmark's imports of prepared or preserved groundnuts declined. In 2021, imports totaled 4 932 tonnes, a 6.6% decrease from 2020. From 2018 to 2021, imports increased by 16.3%, with a compound annual growth rate of 5.2%. The highest volume was in 2020 at 5 278 tonnes, and the largest increase occurred that same year, rising by 15.1%.

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

From 2018 to 2021, the Netherlands, Germany, and China remained the top suppliers of prepared or preserved groundnuts to Denmark in volume terms. The Netherlands contributed 56.6% of imports, Germany 15.6%, and China 10.4%, together representing 82.5% of total import flows.

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, K $ US

Denmark's imports of prepared or preserved groundnuts in value terms increased for the third year in a row. In 2021, imports reached 17 908 thousand US dollars, showing a modest rise of 1.8% year-over-year. Between 2018 and 2021, import value grew by 29.7%, averaging an annual increase of 9.1%.

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

Throughout 2018-2021, the Netherlands, Germany, and Sweden were the primary sources for Denmark's imports of prepared or preserved groundnuts in value terms. The Netherlands accounted for 53.5% of import value, Germany for 16.4%, and Sweden for 8.5%, collectively making up 78.5% 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