The Indian Business Owner TIBO Magazine - Volume 001 | Page 29
for over 75 percent of total output. World exports,
dominated by the United States, Chile, and Ukraine,
are expected to increase 73,000 tons to 684,000 tons.
Selected Producers
• China rises 100,000 tons to 1.0 million primarily on
higher bearing area.
• The United States gains nearly 30,000 tons to a
record 547,000 on higher bearing area and yield.
Selected Exporters
• The United States is up 75,000 tons to a record
460,000 on higher demand in top markets EU and
China.
• Ukraine advances just 3,000 tons to 63,000. Exports,
once dominated by shipments to Russia,
struggle to gain market share in the EU and China.
• Chile slips 2,000 tons to 75,000 on reduced market
share in the EU and Turkey.
Selected Importers
• EU is up 28,000 tons to 215,000 on rising demand
27 |TIBO Magazine - Fall 2016
in Germany, Italy, and Spain from snack foods and
cooking ingredients on the retail side and pastries on
the industrial side.
• Turkey gains 17,000 tons to 85,000 as domestic
production remains below the long-term average.
• China rises 14,000 tons to 85,000 after falling the
previous 2 years.
Tony Halstead
Tony.Halstead@
fas.usda.gov
www.TIBOmagazine.com