Earlier Report Observations
The Danish soya sauce market volume fluctuated between 1 300 and 1 500 tonnes from 2018 to 2021. A major shift occurred in 2022 when the market expanded sharply to 2 363 tonnes, establishing a new baseline.
Market volume remained elevated in the following years, at 2 300 tonnes in 2023 and 2 497 tonnes in 2024. This growth was underpinned by a sustained increase in imports, which rose from 1 830 tonnes in 2018 to 3 195 tonnes in 2024.
Local production remained minimal throughout the period, never surpassing 85 tonnes per year. Consequently, the net market volume was primarily shaped by the balance of rising imports and variable export flows.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Denmark
- 5.1.1. In kind, 2018-2024, kg
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, kg
- 5.2.2. In value, 2018-2024, K $ US
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5.3. Global production by Country, 2018-2023
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5.3.1. Global Production by Country in kind
- 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.3.1.2. Structure of production by countries in kind, 2018-2023
- 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.3.1. Global Production by Country in kind
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5.1. Production in Denmark
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production soya sauce in Denmark
In value, 2018-2021, K $ US
After a two-year decline, Denmark's soy sauce production rebounded in 2021. Output was valued at 98.8 thousand US dollars, marking a 31.8% year-over-year increase. However, over the broader period from 2018 to 2021, production fell by 57.2%, with a compound annual growth rate of -24.7%. The lowest point occurred in 2020 at 74.9 thousand US dollars, following the steepest decline of 63.8% in 2019.
Annual dynamics of production in Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (63.8%) | (10.3%) | 31.8% | (24.7%) |
In kind, 2018-2021, kg
From 2018 to 2021, Denmark ranked 22nd globally in soy sauce production.
Top producers of soya sauce, 2018-2021
World map of production of soya sauce, 2018-2021
The data shows irregular changes, reflecting a volatile market environment. Between 2018 and 2020, production fluctuated with a peak-to-trough amplitude of 5.5 times. In 2021, Denmark produced 19 750 kilograms of soy sauce, up 28.1% from the previous year. The lowest volume was recorded in 2020 at 15 414 kilograms, after a sharp decline of 79.4% in 2019.
Annual dynamics of production in Denmark in kind, 2018-2021, kg
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (79.4%) | (11.6%) | 28.1% | (38.5%) |
Exports soya sauce from Denmark
Exports in kind, t
Denmark's soy sauce exports have grown for the third consecutive year. In 2021, export volume reached 630 tonnes, showing a robust 11.7% increase compared to 2020. Over the period from 2018 to 2021, exports rose by 24.5%, with a compound annual growth rate of 7.6%.
Annual dynamics of product's exports from Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.6% | 3.6% | 11.7% | 7.6% |
From 2018 to 2021, Finland clearly dominated Denmark's soy sauce exports in volume, accounting for 75.3% of total flows, while other countries each held significantly smaller shares.
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
Denmark's soy sauce exports in value terms have increased for the third year in a row. In 2021, exports amounted to 3 330 thousand US dollars, indicating a strong 19.0% rise compared to 2020. Between 2018 and 2021, exports grew by 48.2%, with a compound annual growth rate of 14.0%.
Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 11.1% | 12.1% | 19.0% | 14.0% |
Throughout 2018 to 2021, Finland was the dominant destination for Denmark's soy sauce exports in value, making up 71.0% of total flows, while other countries contributed relatively small shares.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Denmark in value, 2018-2021
Imports soya sauce to Denmark
Imports in kind, t
Denmark's soy sauce imports have risen for the third consecutive year. In 2021, the country imported approximately 2 080 tonnes, marking a moderate 6.6% increase over the past year. From 2018 to 2021, imports increased by 13.7%, with a compound annual growth rate of 4.4%.
Annual dynamics of product's imports to Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.2% | 6.4% | 6.6% | 4.4% |
From 2018 to 2021, Germany, Japan, and China were the leading sources for Denmark's soy sauce imports in volume. Germany accounted for 29.6%, Japan for 24.0%, and China for 16.8% of imports, together representing 70.4% of total 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 soy sauce imports in value terms have grown for the third year in a row. In 2021, imports totaled 6 494 thousand US dollars, showing a 19.0% increase compared to 2020. Between 2018 and 2021, imports rose by 40.4%, equating to an annualized growth rate of 12.0%.
Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.0% | 16.8% | 19.0% | 12.0% |
In the period from 2018 to 2021, Germany, Japan, and China were the principal sources for Denmark's soy sauce imports in value. Germany held 51.5%, Japan 13.6%, and China 11.0% of imports, jointly accounting for 76.1% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Denmark in value, 2018-2021
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