Blog - Other Non-Perennial Crops

Feb 21, 2022

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In 2020, imports of spinach into the U.S. soared to 57K tons, risising threefold compared to 2019. In value terms, purchases skyrocketed from $49M to $77M. 

Feb 11, 2022

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In 2021, the average annual soybean price soared by 43% y/y to $583 per ton. This year, soybean prices were expected to remain relatively stable, but shortages in supply are likely to spur their growth.  

Aug 17, 2021

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Global lentil imports picked up by +25% y-o-y to $1.7B in 2020. India, Turkey and Pakistan remain the largest lentil importers worldwide, accounting for 37% of global import volume. Last year, Egypt, Turkey, Pakistan, Italy, Germany, India, Canada and the U.S. recorded the highest increases in the import volume of lentils. The average lentil import price rose by +19% y-o-y in 2020. Canada and Australia keep leading positions in global lentil exports. 

Jul 14, 2021

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Despite the pandemic, the global market for spinach continues to grow thanks to high demand from China. While the Chinese market is supplied domestically, the U.S., the UK and Mexico feature the most rapidly growing imports. Driven by the rising demand for food worldwide, the spinach market is projected to reach 42M tons by 2030. Spinach suppliers to Western countries are facing increasingly stringent requirements of providing produce safe from pesticides and other contaminants. The new potential was discovered to use this plant in the production process for energy-efficient batteries, which may elevate opportunities for investing in the market.

Jun 28, 2021

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The Chinese dry peas market is becoming an attractive export destination for overseas suppliers. In 2020, China increased the volume of imports of dry peas by 45%, as the country is actively recovering its livestock reserves after an outbreak of swine fever and is in dire need of crops for animal feed. Against the background of rising grain prices, peas are becoming a more affordable alternative component in animal feed.

Jun 7, 2021

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The currently increasing demand for soybeans in biofuel production, animal feed and food products outpaced production growth, resulting in a significant hike in soya prices. Together with expectations of further price growth, it contributes to rising costs of many downstream products and accelerates food inflation. In China,  rebuilding pig herds after swine fever outbreaks emerges as a new driver for the global market. Those factors highlight soybeans as an attractive commodity to invest in, leading to robust expansion of crop acreage in the U.S. and Brazil. 

Sep 29, 2020

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The global green bean market was estimated at $31.1B in 2019, surging by 4.7% against the previous year. This figure...

May 1, 2020

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The countries with the highest volumes of green peas consumption in 2018 were Egypt (200K tons), Algeria (187K tons) and Morocco (123K tons).

Apr 6, 2020

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The global dry bean market revenue amounted to $30.1B in 2018, reducing by -2.4% against the previous year. This...

Aug 9, 2019

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In 2018, the amount of spinach produced in Eastern Europe amounted to 15K tons, jumping by 5.8% against the previous year. The total output indicated a conspicuous growth from 2007 to 2018: its volume increased at an average annual rate of +3.1% over

Jun 7, 2019

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The revenue of the spinach market in the European Union amounted to $1B in 2017, rising by 9.7% against the previous year....

Sep 18, 2018

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Global Soybean Market: Soybean is widely used both in animal feeding and human consumption, with soyfeed taking the larger part of consumption. For human consumption such products as soy oil, soy milk, soy flour, soy protein, tofu and many retail food