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Major bulk commodities, as a share of total U.S. agricultural exports, have risen and fallen dramatically since 2020. Beyond short-term price volatilities that have largely driven these developments, changes to the largest overseas market and an increasingly competitive landscape also affect the prospect for major U.S. bulk exports.
Young, urban consumers in emerging markets with rising disposable incomes helped propel global imports of confectionery products to $21 billion in calendar year 2013.