The forecast for groundnuts demand in Denmark shows a steady increase from 2024 to 2025 and a stable trend from 2026 onwards. In 2023, the demand stood at 8.5 thousand metric tons. The year-on-year growth rate from 2023 to 2024 is approximately 5.88%, followed by an 11.11% increase from 2024 to 2025. The demand remains flat from 2025 through 2028, with no annual growth variation, resulting in a stable value of 10.0 thousand metric tons. The Compound Annual Growth Rate (CAGR) over the last five years, from 2023 to 2028, is around 3.32%.
Future trends to watch for include:
- Potential impacts of health trends favoring nut consumption.
- Influence of environmental factors and sustainability on groundnut production.
- Changes in import regulations and local agricultural policies in Denmark.
- Shifts in consumer preferences towards organic and high-quality groundnut varieties.