Asia-Pacific: Triticale Market 2025

Triticale Market Size in Asia-Pacific

In 2022, the Asia-Pacific triticale market decreased by -0.4% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption continues to indicate a pronounced decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Triticale Production in Asia-Pacific

In value terms, triticale production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2019 with an increase of 105% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

China (X tons) constituted the country with the largest volume of triticale production, comprising approx. 74% of total volume. Moreover, triticale production in China exceeded the figures recorded by the second-largest producer, Australia (X tons), threefold.

In China, triticale production contracted by an average annual rate of -1.5% over the period from 2012-2022.

The average triticale yield fell slightly to X tons per ha in 2022, reducing by -4.3% compared with the previous year. Overall, the yield recorded a mild contraction. The pace of growth appeared the most rapid in 2021 when the yield increased by 10%. The level of yield peaked at X tons per ha in 2013; however, from 2014 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.

The triticale harvested area shrank modestly to X ha in 2022, with a decrease of -4% compared with 2021 figures. In general, the harvested area showed a noticeable setback. The most prominent rate of growth was recorded in 2020 when the harvested area increased by 10% against the previous year. Over the period under review, the harvested area dedicated to triticale production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Triticale Exports

Exports in Asia-Pacific

In 2022, overseas shipments of triticale decreased by -28.9% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 1,356%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, triticale exports declined dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 1,032%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India was the largest exporter of triticale in Asia-Pacific, with the volume of exports resulting at X tons, which was near 73% of total exports in 2022. It was distantly followed by Australia (X tons), making up a 26% share of total exports.

Exports from India decreased at an average annual rate of -8.0% from 2012 to 2022. At the same time, Australia (+30.3%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +30.3% from 2012-2022. India (+73 p.p.) and Australia (+4.2 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) and Australia ($X) were the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Australia, with a CAGR of +16.4%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, which is down by -45.1% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 106%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.0%).

Triticale Imports

Imports in Asia-Pacific

In 2022, overseas purchases of triticale were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 1,157%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, triticale imports soared to $X in 2022. In general, imports enjoyed a strong expansion. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) represented the largest importer of triticale, mixing up 84% of total imports. It was distantly followed by Taiwan (Chinese) (X tons), achieving a 14% share of total imports. Japan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to triticale imports into China stood at +6.7%. At the same time, Taiwan (Chinese) (+21.4%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +21.4% from 2012-2022. By contrast, Japan (-6.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +84 percentage points.

In value terms, China ($X) constitutes the largest market for imported triticale in Asia-Pacific, comprising 71% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 22% share of total imports.

In China, triticale imports increased at an average annual rate of +11.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+11.0% per year) and Japan (-5.1% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, declining by -37.2% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 314%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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