maxsmith059

maxsmith059

United States

24.02.2022

The wheat market includes the production (volume), consumption (value and volume), trade in terms of import (value and volume) and export (value and volume), and price trend analyses of wheat across the globe. The market is segmented by geography into North America, Europe, Asia-Pacific, South America, and Africa. Asia-Pacific is observed as the largest and fastest-growing market for wheat. China and India mainly dominate in the Asia-Pacific region in terms of wheat production and consumption. In 2019, China was the leading country worldwide for wheat consumption (137 million metric ton). India ranked second, with the consumption of 102 million metric ton of wheat in the same year. Wheat is a major staple crop in the Asian countries, after rice.

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