Earlier Report Observations
The Danish starch market showed significant volume fluctuations from 2018 to 2024. After an initial drop to 223.6 thousand tons in 2019, market size grew strongly to 314.1 thousand tons by 2021. A contraction followed in 2022, but the market recovered in the subsequent years, reaching 318.3 thousand tons in 2024.
In monetary terms, the market's value mirrored this volatile pattern with even greater amplitude. From 113.8 million USD in 2019, value rose to 166 million USD in 2021. A slight dip in 2022 preceded a surge of over 40% in 2023, lifting the market to 215.5 million USD, with further growth to 240.7 million USD recorded in 2024.
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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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. 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, K t
- 5.1.2. In value, 2018-2024, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, M $ 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. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2025
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production starches in Denmark
In value, 2018-2021, M $ US
Denmark's starch production value has increased for the second consecutive year. In 2021, output was valued at 138.8 million US dollars, marking a 16.3% rise compared to 2020. The minimum value was recorded in 2019 at 90.2 million US dollars, which saw the largest decline of 6.5%. The largest increase occurred in 2020 at 32.4%. Overall, between 2018 and 2021, production grew by 43.8%, equating to an annualized rate of 12.9%.
Annual dynamics of production in Denmark in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.5%) | 32.4% | 16.3% | 12.9% |
In kind, 2018-2021, K t
Top producers of starches, 2018-2021
World map of production of starches, 2018-2021
Starch production in Denmark has increased for the second consecutive year. In 2021, 279.8 thousand tonnes of starches were produced, representing a 24.1% increase compared to the previous year. The minimum value was recorded in 2019 at 188.3 thousand tonnes, which experienced the largest decline of 6.9%. Over the period from 2018 to 2021, production rose by 38.3%, with a compound annual growth rate of 11.4%.
Annual dynamics of production in Denmark in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.9%) | 19.7% | 24.1% | 11.4% |
Exports starches from Denmark
Sector analysis indicates that there was no export of starches from Denmark between 2018 and 2021.
Imports starches to Denmark
Imports in kind, t
In 2021, Denmark's starch imports totaled 34 335 tonnes, showing a decline of 7.0% compared to 2020. The largest increase was recorded in 2020 at 4.6%. Over the period from 2018 to 2021, imports decreased by 9.2%, with a compound annual growth rate of 3.2%.
Annual dynamics of product's imports to Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.8%) | 4.6% | (7.0%) | (3.2%) |
From 2018 to 2021, Norway, Germany, and France were consistently the main sources for imports in kind. Norway accounted for 38.7% of imports, Germany for 16.4%, and France for 13.0%, together making up 68.1% 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
In 2021, the value of starch imports in Denmark was recorded at 27 274 thousand US dollars, which is 18.3% higher compared to 2020. The minimum value was recorded in 2020 at 23 061 thousand US dollars, which saw the largest decline of 2.6%. Over the period from 2018 to 2021, imports increased by 16%, with a compound annual growth rate of 5.1%.
Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.6% | (2.6%) | 18.3% | 5.1% |
From 2018 to 2021, Belgium, Norway, and Germany accounted for the largest share of imports in value terms. Belgium represented 27.8% of imports, Norway 15.7%, and Germany 14.2%, together comprising 57.6% 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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