MERCOSUR: Triticale Market 2025

Triticale Market Size in MERCOSUR

The MERCOSUR triticale market dropped slightly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption saw a pronounced curtailment. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Triticale Production in MERCOSUR

In value terms, triticale production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 86%. 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) and Brazil (X tons).

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of -0.8%).

The average triticale yield totaled X tons per ha in 2022, with an increase of 9.8% on the year before. The yield figure increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 30% against the previous year. Over the period under review, the triticale yield reached the maximum level at X tons per ha in 2018; however, from 2019 to 2022, the yield remained at a 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 dropped significantly to X ha in 2022, which is down by -16.6% on 2021 figures. Overall, the harvested area showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the harvested area increased by 50%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Triticale Exports

Exports in MERCOSUR

In 2022, after two years of growth, there was significant decline in shipments abroad of triticale, when their volume decreased by -18.2% to X tons. Overall, exports, however, enjoyed a slight increase. The growth pace was the most rapid in 2016 when exports increased by 238%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, triticale exports reduced to $X in 2022. Over the period under review, exports showed a mild shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by 134%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Argentina prevails in exports structure, recording X tons, which was near 93% of total exports in 2022. It was distantly followed by Peru (X tons), making up 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. While the share of Argentina (+29 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Peru (-28.9 p.p.) displayed negative dynamics.

In value terms, Argentina ($X) remains the largest triticale supplier in MERCOSUR, comprising 93% of total exports. The second position in the ranking was taken by Peru ($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

In 2022, the export price in MERCOSUR amounted to $X per ton, with an increase of 5.7% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2014 an increase of 9.7%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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 MERCOSUR

In 2022, overseas purchases of triticale increased by 9.8% to X tons, rising for the second year in a row after six years of decline. Overall, imports recorded resilient growth. The growth pace was the most rapid in 2021 with an increase of 75,078%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, triticale imports contracted to $X in 2022. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 33,229%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

The purchases of the one major importers of triticale, namely Chile, represented more than two-thirds 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. While the share of Chile (+99 p.p.) increased significantly, 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 MERCOSUR.

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

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, waning by -17.6% against the previous year. Over the period under review, the import price saw a pronounced contraction. The pace of growth was the most pronounced in 2018 an increase of 69%. Over the period under review, import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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