Investment Chart Kondratiev Wave

Investment Chart Kondratiev Wave

Tuesday, 17 April 2012

Biggest food consumers: per country and expressed in Big Macs

In the article Grocers' green signalled The Economist that China has become the biggest player again in a new market: the grocery market (China overtakes America to become the world's largest grocery market)
That China has become the biggest market is only caused by its huge number of people, not because of their high consumption per capita (at the right side in the table of The Economist). That is why India is also high on the list, even with its very low spending for food per head.

I added a table what the list would be per big country the list when they had spent all their Money at Big Macs. Then you get a bit the food consumption according to purchasing power parity.
Then you see per head France is still at the top of the list with a hypothetical consumption of 1070 big macs, followed by England with 958 and Australia with 909. Russia is on a suprisingly high place four with 874, even before the US (698) and Japan (745).
In Germany they obviously don’t spend much money on food (it is living like Gof in France, not in Germany)..
The other BRIC’s are together with Indonesia at the lowest places. Because big macs in Brazil are extremely expensive and cheap in Mexico, is Mexico still above Brazil, even while they spend less money at food in Mexico than in Brazil (in dollars).

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