Triticale market in Spain

Earlier Report Observations

From 2018 to 2021, the triticale market in Spain saw considerable volatility. High production costs for inputs like fertilizers and labor pressured profitability, contributing to a decline in output value to USD 201.1 million in 2019. The Common Agricultural Policy (PAC) provided subsidies that helped maintain farmer viability against foreign competition. The COVID-19 pandemic in 2020 increased reliance on community imports to cover the national deficit, expanding the market size to USD 311.5 million. Subsequently, a 5.4% increase in grain exports and ongoing PAC support drove production growth to USD 298.7 million in 2021, with the market reaching USD 356.3 million.

After the 2021 peak, production and market size declined in 2022. The following year, severe drought conditions drastically reduced harvests, causing triticale production to fall by over 45% to USD 146.4 million and market size to drop to USD 188.2 million. In 2024, favorable weather in spring and improved crop management techniques supported a recovery in output, while geopolitical tensions and Spain's leading role in importing Ukrainian grain influenced price volatility and market commercialization.

Production triticale in Spain

In kind, 2017-2020, K t

From 2017 to 2020, Spain held the 5th position globally in triticale production.

Top producers of triticale, 2017-2020

World map of production of triticale, 2017-2020

The market showed significant fluctuations during this period. Production reached its lowest point in 2017 and peaked in 2020, with a 2.2-fold difference between these years. In 2020, Spain produced 787.0 K t of triticale, marking a sharp increase of 31.2% compared to 2019. The largest decline occurred in 2019, at 11.2%, while the largest increase was recorded in 2018, at 89.8%.

Annual dynamics of production in Spain in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The market displayed an unstable trend throughout the timeframe. Production hit its lowest value in 2017 and reached its highest in 2018, with a 2-fold change between these points. In 2020, the output of triticale in Spain was valued at 234.6 M $ US, indicating an increase of 16.6% over the previous year. The maximum value was recorded in 2018 at 235.2 M $ US. The largest decline occurred in 2019, at 14.5%, while the largest increase was in 2018, at 100.5%.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

Exports triticale from Spain

Exports in kind, K t

Foreign triticale supplies from Spain declined for the third consecutive year. In 2020, exports amounted to 7.3 K t, showing a robust reduction of 11.4% compared to the previous year. Between 2017 and 2020, exports decreased by 41.4%, which equates to an annualized rate of 16.3%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, K t

From 2017 to 2020, France remained the key destination for triticale exports from Spain, accounting for 87.0% of total exports in kind, while other destinations were much less significant.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, K $ US

Triticale deliveries from Spain declined for the third consecutive year. In 2020, exports totalled 2 184 K $ US, amounting to a significant decline of 21.2% year-over-year. Over the period 2017-2020, exports decreased by 47%, with a compound annual growth rate (CAGR) of -19.1%.

Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US

Throughout 2017 to 2020, France remained the main destination for exports in value terms, taking 86.4% of total flows, with the remaining share distributed across various smaller markets.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports triticale to Spain

Imports in kind, K t

The market exhibited an unstable trend throughout the timeframe. Imports reached their lowest point in 2019 and peaked in 2020, with a 22-fold difference between these years. In 2020, Spain's triticale imports reached 387.4 K t, reflecting a sharp rise of 2 084.5% versus the previous year. The minimum value was recorded in 2019 at 17.7 K t. The largest decline occurred in 2018, at 65.9%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, K t

From 2017 to 2020, Poland and Lithuania accounted for the majority of triticale imports in kind to Spain, while other markets formed a less significant portion.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. Imports hit their lowest value in 2019 and reached their highest in 2020, with a 21-fold variation between these points. In 2020, triticale shipments to Spain from abroad amounted to 79 114 K $ US, reflecting a dramatic increase of 1 971.4% over the past year. The minimum value was recorded in 2019 at 3 819 K $ US. The largest decline occurred in 2018, at 65.1%.

Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US

From 2017 to 2020, Poland and Lithuania clearly dominated the partner structure for imports in value terms, while other countries together formed the remaining share.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020