Scandinavia: Triticale Market 2025

Triticale Market Size in Scandinavia

The Scandinavia triticale market amounted to $X in 2022, stabilizing at the previous year. In general, consumption showed a mild descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Triticale Production in Scandinavia

In value terms, triticale production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced setback. The growth pace was the most rapid in 2019 with an increase of 153%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Sweden (X tons) constituted the country with the largest volume of triticale production, accounting for 97% of total volume. It was followed by Finland (X tons), with a 2.9% share of total production.

From 2012 to 2022, the average annual rate of growth in terms of volume in Sweden totaled +1.3%.

In 2022, the average triticale yield in Scandinavia totaled X tons per ha, picking up by 8.7% compared with 2021. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the yield increased by 63%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the triticale yield remained 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.

The triticale harvested area fell to X ha in 2022, which is down by -6.8% against 2021. The total harvested area indicated notable growth from 2012 to 2022: its figure increased at an average annual rate of +2.4% 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 +75.5% against 2018 indices. The growth pace was the most rapid in 2014 when the harvested area increased by 67% against the previous year. Over the period under review, the harvested area dedicated to triticale production reached the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Triticale Exports

Exports in Scandinavia

In 2022, overseas shipments of triticale increased by 66% to X tons, rising for the second year in a row after three years of decline. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 650% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, triticale exports surged to $X in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2015 when exports increased by 578% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of triticale, namely Sweden, represented more than two-thirds of total export.

Sweden was also the fastest-growing in terms of the triticale exports, with a CAGR of +31.8% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) also remains the largest triticale supplier in Scandinavia.

In Sweden, triticale exports increased at an average annual rate of +26.9% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, increasing by 7.3% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 21%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 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 Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -3.7% per year.

Triticale Imports

Imports in Scandinavia

In 2022, approx. X tons of triticale were imported in Scandinavia; falling by -43% compared with the previous year. Overall, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 when imports increased by 2,971%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, triticale imports fell dramatically to $X in 2022. In general, imports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 2,172%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X tons) was the key importer of triticale, mixing up 63% of total imports. Finland (X tons) ranks second in terms of the total imports with a 25% share, followed by Norway (11%).

From 2012 to 2022, average annual rates of growth with regard to triticale imports into Sweden stood at -18.5%. At the same time, Norway (+37.7%) and Finland (+34.4%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +37.7% from 2012-2022. From 2012 to 2022, the share of Finland and Norway increased by +25 and +11 percentage points, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported triticale in Scandinavia, comprising 56% of total imports. The second position in the ranking was held by Norway ($X), with a 23% share of total imports.

In Sweden, triticale imports declined by an average annual rate of -17.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Norway (+38.3% per year) and Finland (+31.6% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, growing by 40% against the previous year. Overall, the import price enjoyed a moderate increase. The most prominent rate of growth was recorded in 2017 when the import price increased by 146% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform