The import of rice to Denmark is forecasted to reach 44.976 million US Dollars in 2024, increasing to 46.6 million US Dollars by 2028. Looking back, the figure stood at an unspecified value in 2023. Notably, the year-on-year variation indicates steady growth: 0.93% from 2024 to 2025, 0.91% from 2025 to 2026, 0.88% from 2026 to 2027, and 0.85% from 2027 to 2028. Over the last five years, the Compound Annual Growth Rate (CAGR) averages 0.89%, showing consistent but modest growth in rice imports.
Future trends to watch for:
- Global rice market fluctuations due to climate change impacts on major rice-producing regions.
- Changes in trade policies and tariffs between Denmark and rice-exporting countries.
- Shifts in consumer preferences, possibly towards alternative grains.