Greece: Triticale Market 2025

Triticale Market Size in Greece

The Greek triticale market was estimated at $X in 2022, increasing by 4.1% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +10.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +6.9% against 2019 indices. Triticale consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Triticale Production in Greece

In value terms, triticale production totaled $X in 2022 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +9.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.2% against 2019 indices. The growth pace was the most rapid in 2013 when the production volume increased by 85%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The average yield of triticale in Greece totaled X tons per ha in 2022, increasing by 3.5% against the year before. In general, the yield indicated a buoyant increase from 2012 to 2022: its figure increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, triticale yield decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the yield increased by 99% against the previous year. Over the period under review, the average triticale yield hit record highs at X tons per ha in 2020; afterwards, it flattened through to 2022. 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 Greece fell to X ha, approximately equating the previous year. Over the period under review, the total harvested area indicated temperate growth from 2012 to 2022: its figure increased at an average annual rate of +3.3% 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 decreased by +0.4% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the harvested area increased by 95%. Over the period under review, the harvested area dedicated to triticale production attained the maximum at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

Triticale Exports

Exports from Greece

In 2022, exports of triticale from Greece shrank sharply to X tons, waning by -45.8% on 2021 figures. Over the period under review, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2016 when exports increased by 1,736%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, triticale exports reduced rapidly to $X in 2022. In general, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,173% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X tons) was the main destination for triticale exports from Greece, accounting for a 74% share of total exports. Moreover, triticale exports to Cyprus exceeded the volume sent to the second major destination, Albania (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Cyprus amounted to +12.5%.

In value terms, Cyprus ($X) remains the key foreign market for triticale exports from Greece, comprising 83% of total exports. The second position in the ranking was taken by Albania ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Cyprus stood at +14.3%.

Export Prices by Country

The average triticale export price stood at $X per ton in 2022, surging by 18% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Albania amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+1.6%).

Triticale Imports

Imports into Greece

For the third year in a row, Greece recorded growth in overseas purchases of triticale, which increased by 112% to X tons in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2016 with an increase of 357% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, triticale imports surged to $X in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 338%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Bulgaria (X tons) was the main supplier of triticale to Greece, with a 95% share of total imports. Moreover, triticale imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bulgaria totaled +44.4%.

In value terms, Bulgaria ($X) constituted the largest supplier of triticale to Greece, comprising 88% of total imports. The second position in the ranking was taken by Spain ($X), with an 8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Bulgaria amounted to +50.5%.

Import Prices by Country

The average triticale import price stood at $X per ton in 2022, with a decrease of -11.3% against the previous year. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 74% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Spain ($X per ton), while the price for Bulgaria totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.3%).

Source: IndexBox Platform

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