Browse Data and Analysis

A drought during the intensive growth stage impacted MY2023/24 sugarcane production and led Post to lower the sugar production forecast by 15 percent from MY2022/23.

In 2022, Colombian GDP for lodging and restaurants grew 16 percent compared to 2021 and 20 percent compared to 2019, consolidating its share of Colombia’s economic activity at 4.5 percent.

In 2023, U.S. agricultural exports to the Dominican Republic (DR) are on pace to reach an all-time high, powered by strong demand from the food service sector for consumer-oriented products.

For marketing year October 2023/September 2024 (MY 2023/24), Post forecasts overall sugar production in the Dominican Republic (DR) to increase slightly to 500,000 metric tons (MT) due to improved rainfall patterns.

France is the world’s leading tourist destinations. Revenues are returning to pre-covid standards since France earned 58 billion in 2022 thanks to foreign tourism.

EU27 beet sugar production forecast for market year (MY) 2023/24 is projected at 15.4 million metric tons (MMT), resulting from reduced beet acreage in France and increased plantings in other member states.

FAS/New Delhi’s forecast for India’s centrifugal sugar production in marketing year (MY) 2023/24 (October-September) is unchanged from the previous estimate of 36 million metric tons (MMT), equivalent to 33.6 MMT of crystal white sugar.

In 2022, the Indonesian foodservice industry was valued at $29 billion, an almost 30 percent increase from the previous year, making it the largest foodservice market in Southeast Asia.

In 2022, the total sales from the Japan food service industry increased 14.2 percent, totaling nearly $237 billion, representing consecutive year double digit growth.

Domestic tourism and consumer spending have helped drive the post-pandemic recovery in Malaysia’s hotel, restaurant, and institutional (HRI) industry.

As 2022 marked a return to normality after the COVID-19 pandemic, the Mexican foodservice industry began its recovery and, in many respects, exceeded pre-COVID levels of activity in the hospitality and foodservice.

FAS Manila projects the food service sector to grow at 20 percent as the tourism and hotel industry improves in 2023.