Pistachio Market Overview in Denmark

The revenue of the pistachio market in Denmark amounted to $573K in 2010, reducing by -7.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, pistachio consumption continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2010 with a decrease of -7.7% y-o-y. Pistachio consumption peaked at $733K in 2007; however, from 2008 to 2010, consumption stood at a somewhat lower figure.

In 2010, the pistachio consumption in Denmark stood at 98 tonnes, shrinking by -13% against the previous year. In general, pistachio consumption continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2008 when consumption volume decreased by -13% against the previous year. Pistachio consumption peaked at 148 tonnes in 2007; however, from 2008 to 2010, consumption remained at a lower figure.

The revenue of the pistachio market in Denmark amounted to $573K in 2010, waning by -7.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, pistachio consumption continues to indicate an abrupt deduction. The growth pace was the most rapid in 2010 when the market value decreased by -7.7% year-to-year. Pistachio consumption peaked at $733K in 2007; however, from 2008 to 2010, consumption stood at a somewhat lower figure.

Depressed by shrinking demand for pistachio in Denmark, the market is expected to continue its downward consumption trend over the next fifteen-year period. The performance of the market is forecast to contract with an anticipated CAGR of -9.2% for the fifteen-year period from 2010 to 2025, which is projected to depress the market volume to 23 tonnes by the end of 2025.

Denmark remains a net importer of pistachio; in physical and value terms, imports consistently exceeded exports from 2007 to 2010. In 2010, there was a significant trade deficit of 98 tonnes, which was equal to $491K. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.