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Taiwan’s MY 2022/23 apple imports were 131,252 MT and are forecast at 130,000 MT for MY 2023/24. The United States remains the largest supplier of apples by volume but the market share of Japan, New Zealand, and Chile are all extremely close behind.
FAS New Delhi forecasts India’s market year (MY) 2023/2024 (July-June) domestic apple and pear production at 2.41 million metric tons (MMT) and 312,500 metric tons (MT), in anticipation of favorable weather conditions in Jammu and Kashmir and Himachal Pradesh.
Brazil has recently started planting its corn crop for the 2023/24 season. However, due to high production costs and lower expected earnings, profit margins are under pressure. As a result, Post predicts a decrease in planted area, with production for the next season estimated to drop from 135 MMT (MY 2022/23) to 130 MMT (MY 2023/24).
Post estimates China’s production of apples, pears, and table grapes to increase to 45 MMT, 19.6 MMT, and 13.5 MMT, respectively, in MY 2023/24.
Strong exports from Brazil pushed China to a record 100.85 million metric tons (MMT) of soybeans imports in marketing year (MY) 22/23. Imports are forecast to reach similar levels in MY 23/24 on sustained demand from the feed sector.
This report provides U.S. food and agriculture exporters information on how to do business with the Hotel, Restaurant, and Institutional (HRI) sector in Panama.
Post forecasts fresh deciduous fruit production to rebound to 486,850 MT for apples and 625,400 MT for pears for Marketing Year (MY) 2023/24.
Canadian apple production is forecast to decline three percent in MY 2023/24 on adverse weather events across the main growing provinces. Pear production is forecast to grow slightly on large volume fruit in Ontario and a good crop in British Columbia.
In marketing year (MY) 2023/24, FAS Santiago (Post) estimates table grape production will increase by 13.6 percent, totaling 740,000 metric tons (MT) due to abundant rainfall and high yields.
Egypt's economy is under pressure due to rising inflation and the impact of Russia's invasion of Ukraine -- Egyptian food prices are rising and U.S. dollars are increasingly hard to access.
Rice production in Korea is forecast to be gradually down in marketing year (MY) 2023/24 on reduced acreage in response to government incentives encouraging farmers to switch to other grains, such as wheat and soybean.
New Zealand apple-planted area in the 2023/2024 market year is forecast to drop substantially from 11,000 ha to 9,200 ha.