Northern America: Triticale Market 2024

Triticale Market Size in Northern America

The North American triticale market fell to $X in 2022, reducing by X% against the previous year. In general, consumption, however, recorded a perceptible increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Triticale Production in Northern America

In value terms, triticale production shrank to $X in 2022 estimated in export price. Overall, production, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of triticale production was Canada (X tons), accounting for X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Canada totaled X%.

In 2022, the average yield of triticale in Northern America reduced to X tons per ha, which is down by X% against the year before. In general, the yield showed a mild decline. The most prominent rate of growth was recorded in 2016 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2022, the growth of the triticale yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of triticale production in Northern America declined to X ha, waning by X% against the previous year. Over the period under review, the harvested area, however, showed measured growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to triticale production attained the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

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Triticale Exports

Exports in Northern America

In 2022, approx. X tons of triticale were exported in Northern America; picking up by X% against the previous year. Over the period under review, exports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, triticale exports surged to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. The United States (X tons) followed a long way behind the leaders.

Exports from Canada decreased at an average annual rate of X% from 2012 to 2022. At the same time, the United States (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2022. The United States (X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Canada ($X) remains the largest triticale supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada was relatively modest.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, picking up by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, triticale export price increased by X% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Triticale Imports

Imports in Northern America

In 2022, approx. X tons of triticale were imported in Northern America; surging by X% on the previous year's figure. Over the period under review, imports, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, triticale imports soared to $X in 2022. Overall, imports, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. Canada (X tons) followed a long way behind the leaders.

Imports into the United States decreased at an average annual rate of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, the United States ($X) constitutes the largest market for imported triticale in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to X%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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