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Honey Rebounding

Global honey production fell 6.3 percent between 2017 and 2019. Culprits for the decline included Colony Collapse Disorder and the use of pesticides such as neonicotinoids. However, since then production has rebounded by 4 percent and continues expanding on an upward trend. In Europe where the decline was felt acutely, honey production increased by over 6 percent between 2021 and 2022. Not so in Ukraine where the toll of the war has caused honey output to slide lower.  From a trade standpoint, the production drop-off resulted in a concurrent fall in global honey trade. However, honey shipments in 2022 hit a record 770,562 MT. The push for more natural sweeteners is likely to keep trade expanding, provided production continues to rebou...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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