Luxembourg: Triticale Market 2024

Triticale Market Size in Luxembourg

In 2022, the Luxembourg triticale market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Triticale Production in Luxembourg

In value terms, triticale production dropped to $X in 2022 estimated in export price. In general, production recorded a pronounced slump. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The average yield of triticale in Luxembourg declined to X tons per ha in 2022, almost unchanged from 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when the yield increased by X% against the previous year. The triticale yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield stood 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 2022, the total area harvested in terms of triticale production in Luxembourg reduced to X ha, with a decrease of X% on the previous year's figure. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2020 to 2022, the growth of the triticale harvested area remained at a somewhat lower figure.

Triticale Exports

Exports from Luxembourg

Triticale exports from Luxembourg reduced notably to X tons in 2022, with a decrease of X% compared with the year before. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, triticale exports contracted sharply to $X in 2022. Overall, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the Netherlands (X tons) and Belgium (X tons) were the main destinations of triticale exports from Luxembourg, with a combined X% share of total exports. France lagged somewhat behind, accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) constituted the largest markets for triticale exported from Luxembourg worldwide, together comprising X% of total exports. France lagged somewhat behind, accounting for a further X%.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average triticale export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price saw a slight expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($X 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 the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Triticale Imports

Imports into Luxembourg

In 2022, triticale imports into Luxembourg skyrocketed to X tons, with an increase of X% on the previous year's figure. Overall, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, triticale imports soared to $X in 2022. Over the period under review, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main suppliers of triticale imports to Luxembourg, together accounting for X% of total imports. These countries were followed by Poland, which accounted for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest triticale suppliers to Luxembourg were Germany ($X), France ($X) and Belgium ($X), with a combined X% share of total imports. Poland lagged somewhat behind, comprising a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average triticale import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

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