Estonia: Triticale Market 2024

Triticale Market Size in Estonia

The Estonian triticale market expanded markedly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, continues to indicate a slight setback. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Triticale Production in Estonia

In value terms, triticale production rose notably to $X in 2022 estimated in export price. In general, production showed a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of X%. Triticale production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of triticale in Estonia shrank modestly to X tons per ha in 2022, waning by X% on the previous year's figure. In general, the yield indicated a moderate increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, triticale yield decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the average triticale yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of triticale were harvested in Estonia; stabilizing at 2021. Over the period under review, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. The triticale harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

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Triticale Exports

Exports from Estonia

In 2022, the amount of triticale exported from Estonia fell dramatically to X tons, reducing by X% compared with 2021. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, triticale exports contracted rapidly to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for triticale exports from Estonia, with a X% share of total exports. Moreover, triticale exports to Finland exceeded the volume sent to the second major destination, Latvia (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Finland totaled X%.

In value terms, Finland ($X) remains the key foreign market for triticale exports from Estonia, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Finland totaled X%.

Export Prices by Country

The average triticale export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Finland ($X per ton), while the average price for exports to Latvia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Triticale Imports

Imports into Estonia

In 2022, overseas purchases of triticale increased by X% to X tons, rising for the second year in a row after five years of decline. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, triticale imports surged to $X in 2022. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Lithuania (X tons) was the main supplier of triticale to Estonia, with a X% share of total imports. It was followed by Latvia (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Lithuania stood at X%.

In value terms, Lithuania ($X) constituted the largest supplier of triticale to Estonia, comprising X% of total imports. The second position in the ranking was taken by Latvia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Lithuania amounted to X%.

Import Prices by Country

The average triticale import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then reduced markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for Lithuania totaled $X per ton.

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

Source: IndexBox Platform

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