Ukraine was expected to produce **** million metric tons of wheat in the marketing year 2024/25. That would mark a slight decrease compared to the previous year. Ukraine is one of the leading wheat-producing regions worldwide.

Corn was the most produced grain type in Ukraine. In the marketing year 2023/24, Ukraine's corn production reached ** million metric tons. In the following 12-month period, the production volume was expected to decrease by **** million metric tons. Ukraine's corn production was among the largest worldwide. Furthermore, the country is one of the major wheat producers. In the marketing year 2024/25, Ukraine was expected to produce ** million metric tons of wheat, approximately *** million metric tons less than a marketing year prior.

The harvested area of wheat in Ukraine was expected to reach approximately ************ hectares in the marketing year 2023/2024, down from *********** hectares in the previous period. The harvested area of corn was also forecast to decrease year-over-year.

The Irrigated Lands data comes from USSS-AB and is being used for research at Kansas State University. The dataset is for the 5 major crops in Ukraine which are maize, wheat, barley, sunflowers, and soybeans. For each major crop, there are 3 categories. Those categories are Harvested Area (thsd.ha), Volume of Production (thsd.centner), and Yield (centner per ha of the harvested area). Here is the Metadata for this Data:Oblast = OblastMaize_Har = Maize Harvested Area, (thsd.ha)Maize_Vol = Maize Volume of Production, (thsd.centners)Maize_Yie = Maize Yield, (centner per ha of the harvested area)Wheat_Har = Wheat Harvested Area, (thsd.ha)Wheat_Vol = Wheat Volume of Production, (thsd.centners)Wheat_Yie = Wheat Yield, (centner per ha of the harvested area)\Barley_Ha = Barley Harvested Area, (thsd.ha)Barley_Vo = Barley Volume of Production, (thsd.centners)Barley_Yi = Barley Yield, (centner per ha of the harvested area)Sunflower_ = Sunflower Harvested Area, (thsd.ha)Sunflower1 = Sunflower Volume of Production, (thsd.centners)Sunflower_1 = Sunflower Yield, (centner per ha of the harvested area)Soybean_H = Soybean Harvested Area, (thsd.ha)Soybean_V = Soybean Volume of Production, (thsd.centners)Soybean_Y = Soybean Yield, (centner per ha of the harvested area)

Ukraine was forecast to produce over ************ metric tons of barley in the marketing year 2024/25. That would be ** percent less than in the previous period. Over the observed time frame, Ukraine's barley production peaked in the marketing year 2021/22 at over *********** metric tons. Ukraine is among the leading barley-producing regions worldwide. Barley exports from Ukraine Barley is one of the main agricultural export commodities of Ukraine besides corn and wheat. The country’s barley exports were worth *** million U.S. dollars in 2022. In the marketing year 2024/25, Ukraine’s barley export volume was forecast to reach *********** metric tons. The exports sharply decreased following the Russian invasion of Ukraine. Turkey, Spain, and Libya are among Ukraine’s major barley export destinations. In 2022, Ukraine exported ******* metric tons of the grain to Turkey. Ukrainian agri-food exports after the Black Sea Grain Initiative Since the Russian government suspended the Black Sea Grain Initiative, under which Ukraine exported *********** metric tons of barley, the country has mainly shipped grains and other commodities via its own export corridor via the Black Sea. Another route is via Ukraine's Danube ports and Romania’s port of Constanta. Furthermore, the European Union has assisted Ukraine within its Solidarity Lanes Action Plan by offering the country additional transportation networks, infrastructure, faster customs operations, and storage of goods in the EU.

Ukraine Agricultural Production: Grain: Region: Kharkiv data was reported at 3,859.200 Ton th in 2017. This records a decrease from the previous number of 4,316.700 Ton th for 2016. Ukraine Agricultural Production: Grain: Region: Kharkiv data is updated yearly, averaging 2,386.300 Ton th from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 4,466.300 Ton th in 2014 and a record low of 1,076.000 Ton th in 2003. Ukraine Agricultural Production: Grain: Region: Kharkiv data remains active status in CEIC and is reported by State Statistics Service of Ukraine. The data is categorized under Global Database’s Ukraine – Table UA.B014: Agricultural Production: by Region: Annual.

Land under cereal production of Ukraine plummeted by 25.87% from 15,650,689 hectares in 2021 to 11,602,583 hectares in 2022. Since the 0.17% rise in 2020, land under cereal production sank by 22.58% in 2022. Land under cereal production refers to harvested area, although some countries report only sown or cultivated area. Cereals include wheat, rice, maize, barley, oats, rye, millet, sorghum, buckwheat, and mixed grains. Production data on cereals relate to crops harvested for dry grain only. Cereal crops harvested for hay or harvested green for food, feed, or silage and those used for grazing are excluded.

Wheat fell to 529.25 USd/Bu on December 1, 2025, down 0.33% from the previous day. Over the past month, Wheat's price has fallen 2.62%, and is down 1.53% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on December of 2025.

This year, harvests in the EU, the U.S., the UK, Argentina, Morocco and Ukraine are expected to increase, leading to a growth in wheat production. Even though global stockpiles of grains will remain high, there are boosted expectations for inflation due to forecasts of record demand and increased prices for other cereal grains. The rising global population and bioethanol production are key factors leading to this growth in demand for wheat. Another driving factor is the emerging trend in the EU to use more wheat in animal feed rather than barley.

The Cereal Grain Wholesaling industry's performance strongly depends on international trade conditions and domestic weather patterns. Foreign buyers, especially from Asia, significantly influence industry revenue, with global grain pricing fluctuations directly affecting earnings. This dependency allowed Australian wholesalers to capitalise on global grain shortages during the Russia-Ukraine conflict in 2021-22 and 2022-23. However, falling prices in recent years have impacted revenue negatively, though a temporary boost came in 2024-25, due to strong wheat production. Reinstated Indian import tariffs on Australian lentils and chickpeas are expected to further push down earnings in 2025-26. The industry's results closely align with domestic agricultural output, with variation in annual grain production and instabilities in weather conditions contributing to significant revenue volatility over the past five years. Despite these fluctuations, the industry's cost breakdown remains relatively stable, having over 70.0% of its revenue consistently accounted for by procurement costs. This stability limits wholesalers' ability to significantly grow profit margins. In total, revenue is expected to increase at an annualised 2.2% over the five years through 2025-26 to an estimated $28.6 billion. This trend includes an expected decline of 9.8% in 2025-26, as grain output is expected to contract. Volatile weather patterns and anticipated declines in crop yields in 2025-26 are set to compress revenue for cereal grain wholesalers slightly in 2026-27. However, recent investments in export capacity amid tightening supply chains could mitigate revenue downturns. The use of genetically modified (GM) seeds is increasing and has the potential to decrease upstream production costs and reduce the volatility of grain output. Despite this, consumer scepticism and possible legal restrictions for GM crops could pose challenges. Meanwhile, population and income growth in emerging economies are expected to stimulate demand for Australian exports. Domestically, a rise in meat consumption should increase demand for cereal grains for animal feed. The industry is set to face changes from the growing trend of vertical integration and market concentration, including reduced labour requirements and heightened competition. The Bunge-Viterra merger in 2025-26 already indicates increased competition in the industry and regulators are expected to scrutinise future merger and acquisition activity closely. Overall, revenue is forecast to decline at an annualised 1.3% over the five years through 2028-29, to an estimated $29.5 billion.

In 2024, the Ukrainian market for starch other than wheat, corn or potato decreased by -5.9% to $33M, falling for the third year in a row after four years of growth. Overall, consumption, however, showed a relatively flat trend pattern. Consumption of peaked at $40M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

In 2023/24, Australia produced about **** million metric tons of wheat. China was the top-ranked wheat producing country in that year and is expected to remain the top producer in 2024/25. Wheat production The European Union yielded more than *** million metric tons of wheat between 2022 and 2023, accounting for almost one-fifth of the world wheat production. In 2022, the UK produced approximately **** million metric tons of wheat, valued at approximately **** billion British pounds. Flour millers from this region prefer the use of homegrown wheat to imported wheat. The fifth-ranked Unites States had allotted almost ** million acres of land for wheat cultivation, but only harvested some ** million acres of wheat in 2023. In 2021, approximately **** billion U.S. dollars’ worth of wheat was produced in the country. North Dakota, Kansas, and Montana were recently the leading wheat producing U.S. federal states.

In the 2024/2025 marketing year, the top consumers of wheat globally were China, India, and the European Union. China consumed about 151 million metric tons of wheat that year. Wheat consumption worldwide is slowly increasing, growing by about eight percent since 2018/2019. Wheat production and trade Not only do they consume the most wheat, but China, the EU, and India are also the leading producers of wheat worldwide. Chine led global production, with about 136.6 million metric tons in 2023/24. Despite being a top producer, China also imports a great deal of wheat. In 2022, China imported about 3.8 billion U.S. dollars’ worth of wheat. Egypt has been one of the leading importer of wheat worldwide for the last several years. Wheat price Prices around the world have risen as of 2022. Many believe that the Russian invasion of Ukraine is to blame for the rising wheat prices and others believe it is the speculation of an impending food crisis that is driving up demand. The price of the most common variety of wheat grown in the U.S., hard red winter wheat, reached an all-time high in May 2022, reaching over 522 dollars per metric ton. Globally, the real household income is expected to decline by about 1.57 percent due to the increased cost of wheat and corn. Some countries will experience a decline of over five percent, showing the real impact that growing prices have on consumers across the world.

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Liquid Fertilizer Market Size 2024-2028

The liquid fertilizer market size is forecast to increase by USD 2.35 billion at a CAGR of 3.57% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for nutrient-rich fertilizers that address issues of soil erosion and soil pollution. Nitrogen-based fertilizers, particularly those containing NPK (Nitrogen, Phosphorus, and Potassium), remain popular choices for farmers. However, concerns over water pollution from phosphates and nitrates, as well as the presence of heavy metals in fertilizers, have led to stricter regulations on their handling, storage, and transportation. To meet these regulations, there is a growing trend towards high-efficiency fertilizers that minimize nutrient runoff and reduce the risk of eutrophication and soil contamination. This report provides a comprehensive analysis of market trends, growth drivers, and challenges in the liquid fertilizer industry.

What will be the Size of the Market During the Forecast Period?

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The market has witnessed significant growth due to the increasing demand for high-value crops, such as fruits and vegetables, and the need to address micronutrient deficiencies in various crops. Liquid fertilizers offer several advantages over traditional solid fertilizers, including faster absorption by plant foliage and better compatibility with irrigation systems, including sprinklers. Farmers in the US have been turning to liquid fertilizers to improve the quality of their crops and ensure optimal yields. Fruit crops, such as tomatoes, potatoes, onions, cabbage, and cauliflower, particularly benefit from the use of liquid fertilizers, as they enable farmers to address specific nutrient deficiencies and provide a more consistent nutrient supply to the plants.
However, the adoption of liquid fertilizers is not without challenges. Concerns regarding potential toxicity and environmental pollution have arisen due to the use of certain liquid fertilizers. Therefore, it is essential for farmers to choose liquid fertilizers that have been tested for safety and are free from harmful contaminants. The market in the US is expected to continue growing. The growth of the market can be attributed to the increasing demand for high-quality fruits and vegetables, the need to address micronutrient deficiencies, and the compatibility of liquid fertilizers with modern irrigation systems.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Cereals and grains
  Oilseeds and pulses
  Fruits and vegetables


Type

  Nitrogen
  Phosphate
  Potassium
  Micronutrients


Geography

  APAC

    China
    India


  North America

    US


  Europe

    Germany
    France


  South America



  Middle East and Africa

By Application Insights

The cereals and grains segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the large-scale cultivation of cereals and grains, which accounted for the largest application segment in 2023. According to the Organization for Economic Co-operation and Development (OECD), the production of cereals is projected to increase by approximately 336 million tons over the next decade, with significant contributions from major grain-producing nations like India, Russia, and Ukraine for wheat, and the US, China, and Brazil for maize. This expansion in agricultural production is crucial to meet the growing demand for food, particularly in light of the anticipated population growth. However, the use of liquid fertilizers also raises concerns regarding environmental pollution.

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The cereals and grains segment was valued at USD 5.62 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 50% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific (APAC) region, home to over half of the world's population, is witnessing significant population growth and shifting food preferences, leading to an increased demand for high-yield crops, particularly in India and China. By 2050, APAC's population is projected to reach 5.3 billion, up from approximately 4.6 billion in 2021. This demographic shift is driving the need for advanced agricultural practices, including the use of liqui

The monthly average price for normal wheat in Egypt amounted to 22.05 Egyptian pounds (0.71 U.S. dollars) per kilogram as of May 2023. During the period reviewed, the price was the highest ever recorded and increased slightly compared to the previous month, registering a growth of almost 1.9 percent. In November 2019, the average price dropped by one Egyptian pound and stayed constant until May 2020 before fluctuating and increasing in general. The previous relative stability in wheat prices was caused by the extensive involvement of the Egyptian government in all parts of the wheat value chain.   

A major crop for the Egyptians     

Grains constitute Egypt's most important crop group, with wheat as the most important grain of all. In 2021, the country produced nine million metric tons of the crop. Yet Egyptians consumed more than twice that number. The grain is fundamental to the Egyptian population's food staple. In order to meet a demand that is higher than the local production, the country imports the majority of its wheat. In fact, Egypt has held its position as the largest wheat importer globally for years.

Several shocks to the Egyptian grain market     

The increases in the crop's price since September 2021 were a result of several reasons. The increases in the global average price of cereals, as well as crops affected by weather conditions in major export nations were among the main causes. Furthermore, the Russia-Ukraine war has severe implications on the wheat supply globally and in Egypt. Both countries are leading wheat import partners of Egypt, aggregating 85 percent of the country's wheat imports in 2020. As of the same year, the volume of wheat imported from Russia stood at 14 million metric tons.