Browse Data and Analysis

On July 10, 2023, the Federal Commission for Protection Against Sanitary Risks (COFEPRIS) published in the Official Gazette a collection of comments/concerns/suggestions received for the proposed Official Mexican Standard NOM-187-SSA1/SE-2021, originally published on February 15, 2022.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Joins California Wine Institute to Kick Off California Wine Month; Financial Secretary Uncertain Hong Kong Can Achieve Growth Relying Only on Local Consumption and Tourism

Report highlights: On June 28, 2023, the Cabinet Committee on Economic Affairs updated its Fair and Remunerative Price (FRP) for sugarcane marketing year (MY) 2023/2024 from INR 305 per quintal (USD $3.72/quintal) to a new high of INR 315 per quintal (USD $3.84/quintal). The new FRP will take effect starting October 1, 2023.

In 2022, the Philippine baking industry spent roughly $1.5 billion on ingredients, with 77 percent ($1.2 billion) imported. The United States supplied more than 55 percent or $845 million worth of ingredients, mostly wheat.

In 2022, the agri-food market in France was strongly impacted by inflation, recorded at 5.3 percent. This price increase has impacted the most modest strata of society and has cut into their ability to buy. Consumers are moving away from big brands to less expensive distributor brands.

India’s Meteorological Department (IMD) continues to forecast a normal 2023 southwest monsoon, according to a second forecast report issued on May 26, predicting that June through September rainfall will likely reach 96 percent of the long period average (LPA)/fifty-year average of 870 millimeter (mm).

This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.

All foods sold in Australia must comply with a range of laws designed to protect consumer, plant, and animal health. These laws apply equally to imported and locally produced foods.

This report lists examples of the major export certificates and other documentation required by the Government of Australia for U.S. exports of food and agricultural products.

FAS Sofia updates its forecasts for Bulgarian production of grain crops in marketing year (MY)2023/24 to 10.5 million metric tons (MMT), based on improving prospects for average yields for wheat, barley, and corn.

China lifted all the Covid-19 control measures in December 2022. Its gradual economic recovery indicates it will resume being an important destination for imported consumer food products.

Amid economic headwinds, Turkey’s retail food sector continues to grow, fueled by a young population of 85 million and a rising middle class.