Global Triticale Market 2024

Triticale Market Size

The global triticale market expanded to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, saw a slight downturn. Over the period under review, the global market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Triticale Production

In value terms, triticale production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild slump. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Global production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Poland (X tons) constituted the country with the largest volume of triticale production, accounting for X% of total volume. Moreover, triticale production in Poland exceeded the figures recorded by the second-largest producer, Germany (X tons), threefold. Belarus (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Poland stood at X%. The remaining producing countries recorded the following average annual rates of production growth: Germany (X% per year) and Belarus (X% per year).

The global average triticale yield totaled X tons per ha in 2022, picking up by X% on the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. The global yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield stood 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 worldwide amounted to X ha, flattening at 2021. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the harvested area increased by X% against the previous year. The global harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

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Triticale Exports

Exports

Global triticale exports contracted to X tons in 2022, with a decrease of X% against the previous year. In general, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, triticale exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Poland (X tons) was the largest exporter of triticale, creating X% of total exports. France (X tons) took the second position in the ranking, followed by Germany (X tons). All these countries together took approx. X% share of total exports. Lithuania (X tons) and the Czech Republic (X tons) took a relatively small share of total exports.

Poland was also the fastest-growing in terms of the triticale exports, with a CAGR of X% from 2012 to 2022. At the same time, France (X%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) and Lithuania (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the Czech Republic (X p.p.), Germany (X p.p.) and Lithuania (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest triticale supplier worldwide, comprising X% of global exports. The second position in the ranking was held by France ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In Poland, triticale exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and Germany (X% per year).

Export Prices by Country

The average triticale export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, export price indicated modest growth 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 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Poland ($X per ton) and Germany ($X per ton), while the Czech Republic ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Triticale Imports

Imports

In 2022, global imports of triticale fell to X tons, reducing by X% on the previous year's figure. In general, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of global imports remained at a somewhat lower figure.

In value terms, triticale imports soared to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany represented the main importer of triticale in the world, with the volume of imports recording X tons, which was near X% of total imports in 2022. Spain (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (X%) and Italy (X%). The following importers - Austria (X tons) and Portugal (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Portugal (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest triticale importing markets worldwide were Germany ($X), Spain ($X) and the Netherlands ($X), together comprising X% of global imports.

In terms of the main importing countries, Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average triticale import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, import price indicated mild growth 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 import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Austria ($X per ton) and Portugal ($X per ton), while the Netherlands ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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