Portugal: Triticale Market 2025

Triticale Market Size in Portugal

In 2022, after two years of growth, there was significant decline in the Portuguese triticale market, when its value decreased by -38.1% to $X. Overall, consumption, however, recorded resilient growth. Over the period under review, the market attained the peak level at $X in 2021, and then contracted rapidly in the following year.

Triticale Production in Portugal

In value terms, triticale production stood at $X in 2022 estimated in export price. Over the period under review, production enjoyed a noticeable expansion. The growth pace was the most rapid in 2013 when the production volume increased by 137% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

In 2022, the average yield of triticale in Portugal expanded sharply to X tons per ha, picking up by 6% against the previous year's figure. Over the period under review, the yield indicated a remarkable increase from 2012 to 2022: its figure increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, triticale yield increased by +7.0% against 2017 indices. The growth pace was the most rapid in 2013 when the yield increased by 89%. Over the period under review, the average triticale yield hit record highs at X tons per ha in 2016; however, from 2017 to 2022, the 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 2022, the triticale harvested area in Portugal rose slightly to X ha, increasing by 4.9% compared with 2021 figures. Overall, the harvested area, however, showed a noticeable slump. The pace of growth was the most pronounced in 2013 with an increase of 46%. As a result, the harvested area reached the peak level of X ha. From 2014 to 2022, the growth of the triticale harvested area failed to regain momentum.

Triticale Exports

Exports from Portugal

In 2022, overseas shipments of triticale decreased by -97.6% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 400% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, triticale exports reduced markedly to $X in 2022. In general, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2019 when exports increased by 388%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for triticale exports from Portugal, with a 71% share of total exports. Moreover, triticale exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +2.7%.

In value terms, Italy ($X) emerged as the key foreign market for triticale exports from Portugal, comprising 85% of total exports. The second position in the ranking was taken by Spain ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Italy stood at +15.4%.

Export Prices by Country

In 2022, the average triticale export price amounted to $X per ton, picking up by 95% against the previous year. In general, the export price showed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+12.4%).

Triticale Imports

Imports into Portugal

In 2022, after two years of growth, there was significant decline in overseas purchases of triticale, when their volume decreased by -62.3% to X tons. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,667%. Imports peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, triticale imports contracted markedly to $X in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,519%. Over the period under review, imports reached the peak figure at $X in 2021, and then declined remarkably in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of triticale to Portugal, accounting for a 64% share of total imports. Moreover, triticale imports from Poland exceeded the figures recorded by the second-largest supplier, Luxembourg (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled -38.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (0.0% per year) and Spain (+10.9% per year).

In value terms, the largest triticale suppliers to Portugal were Poland ($X), Luxembourg ($X) and Spain ($X), with a combined 100% share of total imports.

Spain, with a CAGR of +6.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average triticale import price stood at $X per ton in 2022, jumping by 35% against the previous year. Overall, the import price, however, saw a abrupt decline. The import price peaked 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 ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+23.4%).

Source: IndexBox Platform

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