Serbia - Triticale - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTriticale Price in Serbia - 2023
Contents:
- Triticale Price in Serbia (FOB) - 2022
- Triticale Price in Serbia (CIF) - 2022
- Triticale Exports in Serbia
- Triticale Imports in Serbia
Triticale Price in Serbia (FOB) - 2022
In 2022, the average triticale export price amounted to $498 per ton, increasing by 34% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $516 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($1,784 per ton), while the average price for exports to North Macedonia ($338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+47.9%), while the prices for the other major destinations experienced more modest paces of growth.
Triticale Price in Serbia (CIF) - 2022
In 2022, the average triticale import price amounted to $615 per ton, increasing by 15% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, triticale import price increased by +86.5% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 53%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Bosnia and Herzegovina.
From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +11.1% per year.
Triticale Exports in Serbia
Triticale exports from Serbia surged to 990 tons in 2022, increasing by 23% on the previous year. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, triticale exports surged to $493K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Triticale in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 183 | 161 | 186 | 225 | 7.1% |
| North Macedonia | 1.6 | 13.9 | 51.0 | 81.4 | 270.5% |
| Italy | 3.8 | N/A | N/A | 41.5 | 121.9% |
| Iran | N/A | N/A | N/A | 37.5 | 0% |
| Montenegro | 20.5 | 24.9 | 23.8 | 33.7 | 18.0% |
| Uzbekistan | N/A | 14.0 | N/A | 21.8 | 24.8% |
| Spain | N/A | N/A | N/A | 11.1 | 0% |
| Croatia | 25.8 | 7.1 | 0.4 | 8.8 | -30.1% |
| Slovenia | 7.8 | 8.5 | 10.9 | 0.6 | -57.5% |
| Others | 7.0 | 11.2 | 28.7 | 31.6 | 65.3% |
| Total | 250 | 240 | 301 | 493 | 25.4% |
Top Export Markets for Triticale from Serbia in 2022:
- Bosnia and Herzegovina (422.8 tons)
- North Macedonia (241.0 tons)
- Italy (120.4 tons)
- Montenegro (64.3 tons)
- Uzbekistan (59.0 tons)
- Spain (24.0 tons)
- Iran (21.0 tons)
- Croatia (16.0 tons)
- Slovenia (1.0 tons)
Triticale Imports in Serbia
In 2022, supplies from abroad of triticale decreased by -28.1% to 43 tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 236% against the previous year. As a result, imports reached the peak of 185 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, triticale imports contracted dramatically to $26K in 2022. Over the period under review, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 when imports increased by 242% against the previous year. As a result, imports reached the peak of $66K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Triticale in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 19.0 | 28.9 | 14.1 | 26.2 | 11.3% |
| Croatia | N/A | 15.0 | N/A | N/A | 0% |
| Slovakia | N/A | 18.1 | N/A | N/A | 0% |
| France | N/A | 0.1 | 15.6 | N/A | 15500.0% |
| North Macedonia | N/A | 3.4 | 2.0 | N/A | -41.2% |
| Others | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Total | 19.2 | 65.7 | 31.7 | 26.2 | 10.9% |
Top Suppliers of Triticale to Serbia in 2022:
- Bosnia and Herzegovina (42.6 tons)
This report provides an in-depth analysis of the triticale market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
543
This report provides an in-depth analysis of the triticale market in Serbia.
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1539
Global triticale consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2513
Global triticale exports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
1419
Global triticale imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1718
In 2015, the countries with the highest levels of triticale production were Poland (X thousand tons), Germany (X thousand tons), Belarus (X thousand tons), together accounting for X% of total output.
1553
Poland dominates in the global triticale trade. In 2014, Poland exported X thousand tons of triticale totaling X million USD, twice over the previous year. Its primary trading partner was Germany, where it supplied X% of its total triticale expor
830
In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
6570
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3107
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3126
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2177
In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), China (X thousand tons), France (X thousand tons), together accounting for X% of total output.
