Wheat and meslin flour and cereals market in Denmark

Earlier Report Observations

Between 2018 and 2024, the Danish market for wheat and meslin flour and cereals experienced fluctuations in physical volume. Starting at 278 thousand tons in 2018, consumption declined over two years to 256.5 thousand tons in 2020, then recovered to 275 thousand tons in 2021. After a slight dip in 2022, volume rose again to 279.9 thousand tons in 2023 and stabilized at 280 thousand tons in 2024.

In value terms, the market showed more pronounced swings. The market value dropped from 126.8 million $ in 2018 to 117.4 million $ in 2020. A strong upward trend followed, driving the value to 185.6 million $ by 2023, before a correction to 164 million $ occurred in 2024.

The period was marked by a divergence between stable physical consumption and volatile market value, indicating significant shifts in unit prices or the product composition within the market.

Production wheat and meslin flour and cereals in Denmark

In value, 2018-2021, M $ US

Denmark's wheat and meslin flour and cereals production has rebounded after a two-year decline. In 2021, output reached 107.5 million US dollars, marking a 17.2% increase compared to the previous year. Over the period from 2018 to 2021, production grew by 13.2%, which translates to an annualized growth rate of 4.2%. The lowest value was recorded in 2020 at 91.7 million US dollars, with the largest decline of 2.4% occurring that same year.

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

In kind, 2018-2021, K t

Top producers of wheat and meslin flour and cereals, 2018-2021

World map of production of wheat and meslin flour and cereals, 2018-2021

Denmark's wheat and meslin flour and cereals production volume has increased for the second year in a row. In 2021, production stood at 224.6 thousand tonnes, showing an 8.7% rise from 2020. Between 2018 and 2021, production grew by 4.1%, equivalent to an annualized rate of 1.3%. The minimum volume was recorded in 2019 at 202.3 thousand tonnes, with the largest decline of 6.3% also occurring in 2019.

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

Exports wheat and meslin flour and cereals from Denmark

Exports in kind, t

Wheat and meslin flour and cereals exports from Denmark have grown for the third consecutive year. In 2021, exports reached 15 681 tonnes, representing a significant 65.2% increase compared to the previous year. From 2018 to 2021, exports surged by 116.5%, with a compound annual growth rate of 29.4%.

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

Between 2018 and 2021, Germany, Sweden, and Greenland were the leading destinations for Denmark's wheat and meslin flour and cereals exports in volume terms. Germany accounted for 41.7% of exports, Sweden for 19.4%, and Greenland for 14.2%. Together, these three countries represented 75.3% 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

Wheat and meslin flour and cereals exports from Denmark have expanded for the third year running. In 2021, export value totaled 9 525 thousand US dollars, reflecting a sharp 52.8% increase over the past year. From 2018 to 2021, exports grew by 80.4%, corresponding to an annualized growth rate of 21.7%.

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

From 2018 to 2021, Germany, Sweden, and Greenland remained the key destinations for Denmark's wheat and meslin flour and cereals exports in value terms. Germany contributed 26.8% of export value, Sweden 22.0%, and Greenland 20.9%. Collectively, these three countries accounted for 69.7% 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 wheat and meslin flour and cereals to Denmark

Imports in kind, t

In 2021, Denmark's wheat and meslin flour and cereals imports reached 66 157 tonnes, up by 11.4% compared to the previous year. Over the period from 2018 to 2021, imports decreased by 4.7%, with a compound annual growth rate of -1.6%. The lowest volume was recorded in 2020 at 59 390 tonnes, while the peak occurred in 2019 at 73 278 tonnes. The largest decline of 19.0% was observed in 2020.

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

Between 2018 and 2021, Germany, Italy, and Sweden were the principal suppliers of wheat and meslin flour and cereals to Denmark in volume terms. Germany supplied 56.2% of imports, Italy 15.6%, and Sweden 10.3%. Together, these three countries made up 82.1% of total import volume.

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 wheat and meslin flour and cereals imports have recovered after a two-year decrease. In 2021, imports amounted to 39 987 thousand US dollars, which is 25.4% higher than the previous year. From 2018 to 2021, imports increased by 7.6%, with a compound annual growth rate of 2.5%. The lowest value was recorded in 2020 at 31 896 thousand US dollars, with the largest decline of 12.9% also occurring in 2020.

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

Throughout 2018 to 2021, Germany, Italy, and France formed the key group of partners for Denmark's wheat and meslin flour and cereals imports in value terms. Germany accounted for 45.4% of import value, Italy for 19.1%, and France for 12.8%. Collectively, these three countries represented 77.3% 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