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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.
This report gives an overview of the food service – hotel, restaurant, and institutional sectors in Italy and outlines current market trends, including best product prospects.
With more than 83 million of the world’s wealthiest consumers, Germany is the largest market for food and agricultural products in the European Union.
Driven by strong internal demand, EU chicken meat production is expected to grow in 2023 and 2024. In 2024, Poland will be again the largest EU chicken producer, accounting for more than 20 percent of all EU chicken production.
MY 2023/24 sunflowerseed production is forecast at 1.6 million metric tons (MMT), which is down nearly 20 percent year-over-year because of drought-related losses in Thrace, Turkey’s leading sunflower producing region.
Since the beginning of 2023, the Turkish Lira (TL) has weakened by around 20 percent against the U.S. dollar. Despite the economic turmoil, demand for chicken meat is relatively stable, even with expected increased poultry market prices in correlation with increasing inflation.
In August 2023, after more than a decade of political discussions on the restructuring of livestock farming, a new German law on mandatory animal husbandry labeling went into effect.
The “off-year” for production will push Turkiye’s pistachio production lower in Marketing Year (MY) 2023/24. The production of almonds and walnuts is forecast slightly higher but hazelnut production is expected to go down.
Bisphenol A (BPA) is a chemical used in the manufacture of polycarbonate plastics and epoxy resins.
In 2022, the European Union (EU)-27 imported $6.8 billion in tree nuts from the world. The EU remains a net importer of tree nuts for all products since demand highly exceeds domestic production.
Spanish tourism is rapidly recovering from the effects of the pandemic and reaching pre-pandemic levels. Demonstrating a definitive return to pre-pandemic normality, 2023 has seen stabilization in the growth of the Hotel, Restaurant and Institutional (HRI) sector.