Benelux: Triticale Market 2024

Triticale Market Size in Benelux

For the third year in a row, the Benelux triticale market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, continues to indicate measured growth. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Triticale Production in Benelux

In value terms, triticale production amounted to $X in 2022 estimated in export price. Overall, production recorded a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Belgium (X tons), Luxembourg (X tons) and the Netherlands (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Luxembourg (with a CAGR of X%), while production for the other leaders experienced a decline in the production figures.

In 2022, the average yield of triticale in Benelux fell slightly to X tons per ha, approximately mirroring the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 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 2015 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 harvested area of triticale in Benelux shrank to X ha, which is down by X% compared with the previous year's figure. Overall, the harvested area continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to triticale production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Triticale Exports

Exports in Benelux

After four years of growth, overseas shipments of triticale decreased by X% to X tons in 2022. Over the period under review, exports saw a slight descent. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, triticale exports declined markedly to $X in 2022. Overall, exports continue to indicate a pronounced setback. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) and Luxembourg (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Belgium (X tons), achieving a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Luxembourg ($X), the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2022.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, showed a slight descent. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced mixed trends in the export price figures.

Triticale Imports

Imports in Benelux

After two years of growth, supplies from abroad of triticale decreased by X% to X tons in 2022. Total imports indicated buoyant growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, triticale imports surged to $X in 2022. In general, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The Netherlands prevails in imports structure, finishing at X tons, which was approx. X% of total imports in 2022. Belgium (X tons) held a minor share of total imports.

The Netherlands was also the fastest-growing in terms of the triticale imports, with a CAGR of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported triticale in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

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

Source: IndexBox Platform

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