Bulgaria: Triticale Market 2025

Triticale Market Size in Bulgaria

The Bulgarian triticale market dropped to $X in 2022, falling by -3% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Triticale consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Triticale Production in Bulgaria

In value terms, triticale production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 25% against the previous year. Triticale production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average triticale yield in Bulgaria reduced to X tons per ha, which is down by -4.7% compared with the previous year's figure. The yield figure increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2013 when the yield increased by 15% against the previous year. Over the period under review, the average triticale yield reached the peak level at X tons per ha in 2021, and then dropped in the following year. 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 Bulgaria fell to X ha, with a decrease of -7.5% compared with the previous year's figure. In general, the total harvested area indicated a temperate increase from 2012 to 2022: its figure increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, triticale harvested area increased by +8.8% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the harvested area increased by 38%. As a result, the harvested area attained the peak level of X ha. From 2015 to 2022, the growth of the triticale harvested area failed to regain momentum.

Triticale Exports

Exports from Bulgaria

In 2022, overseas shipments of triticale decreased by -13.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 256%. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, triticale exports skyrocketed to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 270% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Greece (X tons) was the main destination for triticale exports from Bulgaria, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Greece stood at +26.2%.

In value terms, Greece ($X) also remains the key foreign market for triticale exports from Bulgaria.

From 2012 to 2022, the average annual rate of growth in terms of value to Greece totaled +28.0%.

Export Prices by Country

The average triticale export price stood at $X per ton in 2022, with an increase of 35% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +1.4% per year.

Triticale Imports

Imports into Bulgaria

In 2022, overseas purchases of triticale increased by 54% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2013 with an increase of 205%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, triticale imports reached $X in 2022. Overall, imports, however, saw a deep contraction. The growth pace was the most rapid in 2016 when imports increased by 249% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Moldova (X tons), Romania (X tons) and Austria (X tons) were the main suppliers of triticale imports to Bulgaria, together accounting for 99% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +22.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Romania ($X), Moldova ($X) and Austria ($X) appeared to be the largest triticale suppliers to Bulgaria, with a combined 98% share of total imports.

In terms of the main suppliers, Austria, with a CAGR of +25.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average triticale import price amounted to $X per ton, shrinking by -25.9% against the previous year. Over the period under review, the import price, however, saw temperate growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 58% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.5%).

Source: IndexBox Platform

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