Showing posts with label Denmark. Show all posts
Showing posts with label Denmark. Show all posts

Monday, November 25, 2019

IPC REPORTS -IMPORT OF PEPPER BY DENMARK



Denmark, officially the Kingdom of Denmark is a Nordic country. Denmark proper, which is the southernmost of the Scandinavian countries, consists of a peninsula, Jutland, and an archipelago of 443 named islands. Denmark actively imports pepper from various pepper producing countries for domestic consumption or for re-export.
In 2017, Denmark was reported to have imported a total of 1,122 Mt of pepper which 27% or 300 Mt of it comprised of whole pepper while 73% or 822 Mt of it was ground pepper. The average import by Denmark in 2017 was reported to be 93 Mt per month with the highest quantity recorded in July with 139 Mt. The total expenditure of pepper imported by Denmark was reported to be as high as USD 12.2 Million, recording an average price of the total pepper imported by Denmark at USD 11,083 per Mt for whole pepper and USD 10,905 Per Mt for ground pepper.
Year 2018 saw a decreasing trend in term of quantity of pepper imported by Denmark. Denmark was reported to have recorded a total of 1,071 Mt which comprised of 23% or 246 Mt of whole pepper and 77% or 825 Mt of ground pepper. Thus, recording a decrease of 5% as compared to the same period in 2017. On average Denmark was reported to have imported 89 Mt per month and peaked in April with 132 Mt. In accordance with decreasing in terms of quantity, Denmark's expenditure for pepper import was reported to have declined by 15% to a total of USD 10.4 Million, recording an average price of the total pepper imported by Denmark at USD 11,037 per Mt for whole pepper and USD 9,407 per Mt for ground pepper or a decrease by 0.4% and 14% respectively as compared with 2017.
Pepper import by Denmark as of June 2019 was reported with a decrease of 17% as compared with the same period in 2018, totalling at 460 Mt which comprised of 97 Mt of whole pepper and 363 Mt of ground pepper. The total expenditure of pepper import by Denmark as of June 2019 was reported with a decrease by 27% as compared to the same period in the previous year, totalling at USD 4.0 Million.
The top five countries of origins of Denmark's pepper both for whole and ground as of June 2019 were reported to be Germany with 225 Mt (a decrease of 7% as compared with the same period in 2018), Sweden with 83 Mt (an increase of 6%), Netherlands with 53 Mt (an increase of 464%), Spain with 43 Mt (an increase of 40%) and India with 12 Mt (a decrease of 48%). The significant decrease of Denmark import from India could be contributed that Denmark started to shift import to Netherlands as one of the re-export hub to European countries (an increase by 44 Mt as compared to the same period in 2018).












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