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German food culture is changing. The number of vegans is growing, and more than half of the population wants to reduce meat consumption, considering themselves flexitarian.
The Czech Republic is home to 10.7 million consumers and is a great market for companies looking to expand beyond traditional markets in western Europe to the emerging markets in the east. This Exporter Guide provides an economic and market overview...
The Government of Morocco continues to subsidize bread wheat imports based on a fixed flat-rate premium. This measure is valid until April 30, 2023, and is intended to maintain low bread prices and encourage stock building.
Turkey’s production of wheat, corn, barley and rice in MY 2022/23 are all forecast higher compared to the previous year.
Corn production in MY2022/23 is revised up slightly based on National Bureau of Statistics data indicating a better harvest in the North China Plain which more than offset smaller yields in the northeast.
In marketing year (MY) 2022/23, Post’s rice harvested area and production forecasts increased slightly to 11.55 million hectares and 35.85 million metric tons (MT), respectively, on a good Aman season harvest.
South Africa’s grain production is off to a decent start in marketing year 2022/23. Above-average rains over most parts of the summer rainfall production area during November and December enhanced crop plantings and provided conducive growing conditions.
In calendar year 2021, Bangladesh imported $12 million of consumer-oriented food from the United States, up 11 percent over 2016. The income and purchasing power of the middle-class continue to reach new heights, boosting demand for imported food.
Indonesian cotton imports in 2021/22 increased by 11.7 percent to 2.57 million bales due to increased economic activity following relaxed COVID-19 restrictions. However, due to the global economic slowdown leading to lower demand for Indonesian textiles and products, cotton imports in 2022/23 are forecast to slightly decline to 2.50 million bales.
As of January 1, 2023, Spain implemented a special tax on non-reusable plastic packaging that also applies to imported food products. For imports, payment of the tax is the responsibility of the importer, although third country manufacturers must provide their Spanish buyers with information regarding the amount of non-recyclable plastic packaging used in their products’ packaging.
On January 11, 2023, India’s Ministry of Commerce and Industry/Directorate General of Foreign Trade (DGFT) issued Public Notice No. 50/2015-20. The notice specifies that India amended its previous tariff-rate quota of 2 million metric tons for crude soybean oil, previously allowable at a zero percent duty through Indian fiscal years (IFY) 2022/23 and 2023/24 (April 1-March 31).
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Hong Kong’s International Wine & Spirits Fair Returns; 2023 Economic Turnaround Predicted for Hong Kong; Hongkongers Optimistic About Household Finances But May Still Cut Back Spending