Food is a basic human need. And we tried to estimate how much do people pay for food in different countries. It appeared that food availability significantly varies across countries. In general, price of 1000 Kcal goes up inline with per capita income. For example, in Greece, Belarus, Croatia, Japan and Macedonia people pay $2.8 (based on PPP) for 1000 Kcal. At the same time in Nigeria, Uzbekistan, China India and Kenya the price of 1000 kcal is less then $0.7. It is interesting, that the U.S. citizens pay for food noticably less compared to other developed and many developing countries.
It's a one pager PDF full of live links to agriculture-related data, statistics, and dashboards from leading industry sources. It will be a useful resource for any analyst, business executive, or researcher with an interest in the food security and prices, agricultural production and supply and much more.
Agricultural products cover the following commodity categories:Food and live animals: Live animals other than animals of division 03Meat and meat preparationsDairy products and birds' eggsFish, crustaceans, molluscs, and preparations thereofCereals and cereal preparationsVegetables and fruitsSugar, sugar preparations and honeyCoffee, tea, cocoa, spices, and manufactures thereofFeedstuff for animals (excluding unmilled cereals)Miscellaneous edible products and preparations Source: United Nations Conference on Trade and Development, Merchandise trade matrix, exports and imports, annual, 1995-2016.
Growing world population, global food demand and the lack of extensive factors of production push food and agriculture producers to find a new ways to increase output. According to USDA, private agriculture research and development (R&D) expenditures, increased from $6.9 billions in 2000 to $11 billions in 2010. R&D expenditures for crop seed & biotechnology, crop protection chemicals and farm machinery account for about 85% of total private R&D expenditures in the world. Try Agriculture 101 Quiz to check your knowlege of agriculture industry.
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