Lithuania: Triticale Market 2024

Triticale Market Size in Lithuania

The Lithuanian triticale market contracted to $X in 2022, remaining relatively unchanged against the previous year. In general, consumption recorded a mild curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Triticale Production in Lithuania

In value terms, triticale production expanded rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of triticale in Lithuania rose slightly to X tons per ha in 2022, with an increase of X% on the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. The triticale yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a 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 harvested area of triticale in Lithuania rose modestly to X ha, with an increase of X% compared with 2021 figures. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the harvested area increased by X%. The triticale harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

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Triticale Exports

Exports from Lithuania

Triticale exports from Lithuania surged to X tons in 2022, rising by X% compared with the previous year. In general, exports, however, showed a abrupt decrease. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, triticale exports surged to $X in 2022. Over the period under review, exports, however, saw a deep contraction. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for triticale exports from Lithuania, accounting for a X% share of total exports. Moreover, triticale exports to Spain exceeded the volume sent to the second major destination, Denmark (X tons), more than tenfold. The third position in this ranking was held by Latvia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Latvia (X% per year).

In value terms, Spain ($X) emerged as the key foreign market for triticale exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Latvia (X% per year).

Export Prices by Country

The average triticale export price stood at $X per ton in 2022, rising by X% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price 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 export price increased by X% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Estonia ($X per ton) and Latvia ($X per ton), while the average price for exports to Poland ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Triticale Imports

Imports into Lithuania

In 2022, supplies from abroad of triticale increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, triticale imports surged to $X in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) was the main supplier of triticale to Lithuania, with a X% share of total imports. Moreover, triticale imports from Poland exceeded the figures recorded by the second-largest supplier, Latvia (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and Sweden (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Latvia (X% per year).

Import Prices by Country

In 2022, the average triticale import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, saw a deep slump. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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