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global market
Technology / 14 weeks ago
OICA data reveals how one country produces a third of the world’s cars
The global automotive industry continues to be defined by concentration, and the latest production statistics from the International Organisation of Motor Vehicle Manufacturers (OICA) underscore just how uneven the landscape has become. In 2024, the world built 92.5 million motor vehicles (passenger cars and commercial vehicles combined). A visualisation of OICA’s data from the World in Maps divides this total into three equal segments of roughly 33.3 % each and shows that a single country, China, accounts for an entire third of global vehicle output on its own.
Business / 24 weeks ago
Honey production market buzzes toward $15.4 billion by 2030 - Here are the top producers
The global honey industry is flourishing, with India, China, and Iran topping the list of countries with the highest number of beehives, an essential measure of honey production capacity. According to data from the Food and Agriculture Organisation (FAO) and Report Linker, this surge in production aligns with growing global demand for natural, health-conscious sweeteners, pushing the market's value from $9.3 billion in 2023 to a projected $15.4 billion by 2030.
Business / 25 weeks ago
World’s best-selling whiskies: How India dominates the global market
Whisky has long been associated with Scotland’s smoky single malts, Ireland’s smooth blends, and America’s bold bourbons. But recent global sales data reveals a quaky shift in consumption trends. India now leads the world in whisky sales, accounting for eight out of the ten top-selling brands by volume in million 9-litre cases. This shift is no accident. It is a result of population scale, cultural preferences, and market accessibility. Let’s explore the numbers and the reasons behind these whisky giants' staggering global dominance.
