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The global cherry market increased gradually from 3,206 thousand tonnes in 2007 to 4,101 thousand tonnes in 2016, with only mild fluctuations over the period under review. Overall, it expanded at an average annual rate of +2.8 from 2007 to 2016. In value terms, global cherry market reached 5,979 million USD, fluctuating somewhat notably over the last five years due to variation in prices.

Global rice consumption amounted to 518M tonnes in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +1.4%. Over the period under review, the global rice consumption reached its maximum volume in 2016, and is likely to continue its growth in the immediate term due to Asian population growth.

In 2016, global T-shirt market grew to 12.2M units, rising by an average growth rate of +3.2% over the last nine years. In wholesale prices, the market totalled $40.5B in 2016, approx. mirroring the previous year figure. Following a slight decline, the market expanded at a double-digit rate from 2010-2011, subsequently levelling off over the next five year period. This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

In 2016, the market value of honey totaled $7,047M. A slight drop in 2009 was followed by a sharp increase over the period from 2010-2013. However, the market value declined over the next two years, which was then followed by a recovery in 2016. Equally, overall, the market value of honey achieved an annual growth of +4.3% over the period from 2007 to 2016. 

The countries with the highest consumption were China (37%, based USD) and India (19%), followed by the U.S. lagging somewhat behind (4%), the UAE (3%), and Canada (2%), Saudi Arabia (2%), the UK (2%), and Turkey (2%), together comprising almost 72% of global consumption. 

Global beef market remained relatively stable, rising from 61.8M tonnes in 2007, to 63.5M tonnes in 2016.

The U.S. was the key world maize producing country with an output of about 402M tonnes in 2016, which accounted for 36% of total global output. The other major producers were China (21%), Brazil (9%) and Ukraine (3%).

Apple Inc. is going to buy long-term supplies of cobalt directly from miners for the first time, according to a Bloomberg report.

On February 16, the U.S. Commerce Department outlined an array of options that President Donald Trump could take to help domestic steel manufacturers to stay competitive on the local market, including a tariff of at least 24 percent on steel imports from all countries.

Global wheat consumption amounted to 729,530 thousand tonnes in 2015, remaining constant against the previous year level.

Global walnut consumption amounted to 3,772 thousand tonnes in 2015, coming up by +8.9% against the previous year level.

Global tomato consumption amounted to 172,059 thousand tonnes in 2015, coming up by +1.1% against the previous year level.

Global sweet potato consumption amounted to 105,578 thousand tonnes in 2015, waning by -1.0% against the previous year level.

Global sunflower-seed and safflower oil consumption amounted to 15,946 thousand tonnes in 2015, remaining constant against the previous year level.

Global sugar cane consumption amounted to 1,965,618 thousand tonnes in 2015, moving up by +4.3% against the previous year level.

Global sugar beet consumption amounted to 279,592 thousand tonnes in 2015, coming up by +3.7% against the previous year level.

Global soya bean consumption amounted to 306,067 thousand tonnes in 2015, stabilizing at the previous year level.

Global silk-worm cocoons consumption amounted to 554 thousand tonnes in 2015, lowering by -4.3% against the previous year level.