Canada: Triticale Market Overview 2021

Triticale Market Size in Canada

The Canadian triticale market expanded rapidly to $X in 2019, rising by X% against the previous year. Over the period under review, consumption showed a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the market attained the peak level in 2019 and is likely to see steady growth in years to come.

Triticale Production in Canada

In value terms, triticale production rose rapidly to $X in 2019 estimated in export prices. Overall, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Triticale production peaked in 2019 and is likely to see steady growth in the near future.

The average yield of triticale in Canada totaled X tonnes per ha in 2019, with an increase of X% against the year before. The yield figure increased at an average annual rate of +X% from 2012 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tonnes per ha. From 2017 to 2019, the growth of the average 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.

In 2019, the triticale harvested area in Canada declined slightly to X ha, therefore, remained relatively stable against the previous year's figure. In general, the harvested area, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha, and then fell in the following year.

Triticale Exports

Exports from Canada

In 2019, shipments abroad of triticale decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2014 to 2019, the growth exports remained at a lower figure.

In value terms, triticale exports reached $X in 2019. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for triticale exports from Canada, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to the U.S. amounted to -X%.

In value terms, the U.S. ($X) also remains the key foreign market for triticale exports from Canada.

From 2012 to 2019, the average annual growth rate of value to the U.S. amounted to -X%.

Export Prices by Country

The average triticale export price stood at $X per tonne in 2019, growing by X% against the previous year. Over the last seven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2012 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Triticale Imports

Imports into Canada

For the eighth year in a row, Canada recorded growth in overseas purchases of triticale, which increased by X% to X tonnes in 2019. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, triticale imports skyrocketed to $X in 2019. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, the U.S. (X tonnes) was the main triticale supplier to Canada, accounting for a X% share of total imports. It was followed by Germany (X tonnes), with a X% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from the U.S. stood at +X%.

In value terms, the U.S. ($X) constituted the largest supplier of triticale to Canada, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of value from the U.S. amounted to +X%.

Import Prices by Country

The average triticale import price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the import price faced a deep reduction. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for the U.S. totaled $X per tonne.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for triticale in the world?

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The countries with the highest volumes of triticale consumption in 2019 were Poland (3.8M tonnes), Germany (2.1M tonnes) and France (1.3M tonnes), with a combined 56% share of global consumption. These countries were followed by Belarus, China, Spain, Russia, Romania, Hungary and Austria, which together accounted for a further 31%.

What are the largest producers of triticale in the world?

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The country with the largest volume of triticale production was Poland (4.1M tonnes), comprising approx. 32% of total volume. Moreover, triticale production in Poland exceeded the figures recorded by the second-largest producer, Germany (1.9M tonnes), twofold. France (1.4M tonnes) ranked third in terms of total production with a 11% share.

What are the leading suppliers of triticale to Canada?

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In value terms, the U.S. ($13K) constituted the largest supplier of triticale to Canada, comprising 92% of total imports. The second position in the ranking was occupied by Germany ($1.1K), with a 7.5% share of total imports.

What are the leading importers of triticale from Canada?

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In value terms, the U.S. ($2.1M) remains the key foreign market for triticale exports from Canada.

What is the average export price for triticale in Canada?

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In 2019, the average triticale export price amounted to $480 per tonne, with an increase of 10% against the previous year.

What is the average import price for triticale in Canada?

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In 2019, the average triticale import price amounted to $255 per tonne, declining by -29.3% against the previous year.