Bosnia and Herzegovina: Triticale Market 2020

Triticale Market Size in Bosnia and Herzegovina

The revenue of the triticale market in Bosnia and Herzegovina amounted to $X in 2018, increasing by X% against the previous year. In general, triticale consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Over the period under review, the triticale market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Triticale Production in Bosnia and Herzegovina

In value terms, triticale production stood at $X in 2018 estimated in export prices. Over the period under review, triticale production continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Bosnia and Herzegovina triticale production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Average yield of triticale in Bosnia and Herzegovina amounted to X ton per ha in 2018, approximately mirroring the previous year. In general, the triticale yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when yield increased by X% y-o-y. Over the period under review, the triticale yield reached its peak figure level at X ton per ha in 2013; however, from 2014 to 2018, 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 2018, approx. X ha of triticale were harvested in Bosnia and Herzegovina; leveling off at the previous year. Overall, the triticale harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. In that year, the triticale harvested area reached its peak level of X ha. From 2017 to 2018, the growth of the triticale harvested area failed to regain its momentum.

Triticale Exports

Exports by Country

In 2018, Poland (X tons) represented the major exporter of triticale, committing X% of total exports. Germany (X tons) took the second position in the ranking, followed by France (X tons), Lithuania (X tons) and Hungary (X tons). All these countries together occupied near X% share of total exports. The following exporters - the Czech Republic (X tons) and Finland (X tons) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to triticale exports from Poland stood at +X%. At the same time, Finland (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, the Czech Republic (-X%), France (-X%), Germany (-X%) and Lithuania (-X%) illustrated a downward trend over the same period. Poland (+X p.p.), Hungary (+X p.p.) and Finland (+X p.p.) significantly strengthened its position in terms of the global exports, while France, Germany and Lithuania saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in Poland totaled +X%. In the other countries, the average annual rates were as follows: Germany (-X% per year) and France (-X% per year).

Export Prices by Country

The triticale export price in Bosnia and Herzegovina stood at $X per ton in 2018, standing approx. at the previous year. Over the period under review, the triticale export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for triticale attained their peak figure at $X per ton in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in France ($X per ton) and Poland ($X per ton), while Hungary ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Finland, while the other leaders experienced a decline in the export price figures.

Triticale Imports

Imports into Bosnia and Herzegovina

Triticale imports into Bosnia and Herzegovina stood at X tons in 2018, approximately mirroring the previous year. In general, triticale imports continue to indicate remarkable growth. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Bosnia and Herzegovina imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, triticale imports totaled $X in 2018. In general, the total imports indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, triticale imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Bosnia and Herzegovina imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

Germany represented the key importer of triticale in the world, with the volume of imports recording X tons, which was approx. X% of total imports in 2018. It was distantly followed by the Netherlands (X tons), Sweden (X tons) and Italy (X tons), together mixing up a X% share of total imports. Spain (X tons), France (X tons), Denmark (X tons) and Austria (X tons) took a minor share of total imports.

Imports into Germany increased at an average annual rate of +X% from 2007 to 2018. At the same time, France (+X%), Spain (+X%), Denmark (+X%), Sweden (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Austria (-X%) and Italy (-X%) illustrated a downward trend over the same period. While the share of Germany (+X p.p.), the Netherlands (+X p.p.), France (+X p.p.), Spain (+X p.p.), Sweden (+X p.p.) and Denmark (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Italy (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported triticale into Bosnia and Herzegovina, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Sweden, with a X% share.

In Germany, triticale imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (-X% per year) and Sweden (-X% per year).

Import Prices by Country

In 2018, the triticale import price in Bosnia and Herzegovina amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the triticale import price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2014 an increase of X% y-o-y. Over the period under review, the import prices for triticale reached their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in France ($X per ton) and Austria ($X per ton), while the Netherlands ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform