MarketLine Blog

Posts tagged to Crops

Western economies particularly Eastern Europe suffer a severe reduction in cereal crop value

  Due in part to the global recession and detrimental weather conditions, the cereal crops market experienced a downturn in value for the 2009 – 2010 period. Production has recovered marginally in recent years however, resulting in a low but steady increase in market value. Industry figures The global cereal crops market grew by 1.6% in 2011, to reach a value of $430.6 billion, representing a compound annual rate of change of -1.1% for the period spanning 2007-2011. Growth was primarily driven by regions of expansion in Asia-Pacific, as western… Read more