Report Latin America and the Caribbean - Triticale - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Latin America and the Caribbean - Triticale - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Triticale Market 2024

Triticale Market Size in Latin America and the Caribbean

The Latin American triticale market declined to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Triticale Production in Latin America and the Caribbean

In value terms, triticale production declined to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2014 with an increase of 82%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Chile (X tons), Brazil (X tons) and Mexico (X tons), with a combined 100% share of total production.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +37.0%), while production for the other leaders experienced a decline in the production figures.

The average triticale yield expanded rapidly to X tons per ha in 2022, picking up by 8.4% compared with 2021. The yield figure increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 33%. Over the period under review, the triticale yield hit record highs at X tons per ha in 2016; however, from 2017 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the triticale harvested area in Latin America and the Caribbean shrank to X ha, waning by -14.9% against 2021. Overall, the harvested area showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, the harvested area attained the peak level of X ha, and then shrank in the following year.

Triticale Exports

Exports in Latin America and the Caribbean

After two years of growth, overseas shipments of triticale decreased by -18.2% to X tons in 2022. In general, exports, however, enjoyed modest growth. The growth pace was the most rapid in 2016 when exports increased by 904%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, triticale exports shrank to $X in 2022. Overall, exports recorded a mild decrease. The growth pace was the most rapid in 2016 when exports increased by 596% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Argentina dominates exports structure, finishing at X tons, which was near 93% of total exports in 2022. It was distantly followed by Peru (X tons), generating a 6.9% share of total exports.

Argentina was also the fastest-growing in terms of the triticale exports, with a CAGR of +5.0% from 2012 to 2022. Peru (-14.3%) illustrated a downward trend over the same period. Argentina (+29 p.p.) significantly strengthened its position in terms of the total exports, while Peru saw its share reduced by -28.9% from 2012 to 2022, respectively.

In value terms, Argentina ($X) remains the largest triticale supplier in Latin America and the Caribbean, comprising 93% of total exports. The second position in the ranking was held by Peru ($X), with a 6.5% share of total exports.

In Argentina, triticale exports increased at an average annual rate of +2.6% over the period from 2012-2022.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, rising by 5.7% against the previous year. Overall, the export price, however, recorded a pronounced reduction. The growth pace was the most rapid in 2014 when the export price increased by 9.7% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Peru amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-2.2%).

Triticale Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of triticale increased by 9.8% to X tons, rising for the second consecutive year after six years of decline. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 75,078% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, triticale imports fell to $X in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 33,229%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

The countries with the highest levels of triticale imports in 2022 were Chile (X tons), together recording 100% of total import.

Chile was also the fastest-growing in terms of the triticale imports, with a CAGR of +128.9% from 2012 to 2022. From 2012 to 2022, the share of Chile increased by +99 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported triticale in Latin America and the Caribbean.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile amounted to +64.0%.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, declining by -17.2% against the previous year. In general, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2018 when the import price increased by 69% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to -28.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Chile constituted the country with the largest volume of triticale consumption, accounting for 67% of total volume. Moreover, triticale consumption in Chile exceeded the figures recorded by the second-largest consumer, Brazil, threefold.
Chile constituted the country with the largest volume of triticale production, accounting for 67% of total volume. Moreover, triticale production in Chile exceeded the figures recorded by the second-largest producer, Brazil, threefold.
In value terms, Peru remains the largest triticale supplier in Latin America and the Caribbean, comprising 77% of total exports. The second position in the ranking was occupied by Argentina, with a 12% share of total exports.
In value terms, Chile $359) constitutes the largest market for imported triticale in Latin America and the Caribbean, comprising 68% of total imports. The second position in the ranking was occupied by Uruguay $148), with a 28% share of total imports.
In 2021, the triticale export price in Latin America and the Caribbean amounted to $271 per ton, falling by -2.8% against the previous year.
In 2021, the triticale import price in Latin America and the Caribbean amounted to $715 per ton, with an increase of 1.8% against the previous year.

This report provides an in-depth analysis of the triticale market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 97 - Triticale

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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