Browse Data and Analysis

In 2022, EU wood pellet consumption hit a new record of 24.8 million metric tons (MMT) mainly due to increased residential use.

The total cherry production forecast in Türkiye in Marketing Year (MY) 2023/24 is 900,000 metric tons (MT), which is 8 percent higher than MY 2022/23, due to favorable weather and soil conditions.

Turkey announced a three-month export ban on olive oil in bulk and in barrels due to the shortage of olive oil production in Mediterranean countries and subsequent negative effects on domestic prices.

With the gradual lifting of the lockdowns, and recovering economies, consumption of bioethanol and biobased diesel (BBD) are estimated to have increased by respectively 6.1 percent and 0.6 percent in 2022.

On July 5, 2023, the European Commission (EC) adopted a new proposal to regulate plants obtained by certain new genomic techniques (NGTs) and their use for food and feed.

The United Kingdom (UK) and member states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed the agreement to join the CPTPP in July 2023.

U.S. exporters of vanilla extract are advised not to ship product to the European Union until further notice.

In early July 2023, after almost 50 years, the first outbreak of Newcastle Disease was confirmed on a Polish commercial farm keeping hens for slaughter, followed by three other outbreaks in the contact farms.

On July 1, the Netherlands introduced a Single Use Plastic (SUP) levy. The new measure stems from the European Union’s (EU) Directive on Single Use Plastics (SUP), which aims to reduce the impact of single-use plastic on the environment.

Germany is the third-largest importer of cherries in the world after China/Hong Kong and Russia. From 2010 to 2022, between 52 and 77 percent of the cherries consumed in Germany were imported, with the majority of imports originating in other EU member states.

Weather conditions ranging from excessive heat to cooler than average temperatures, and from drought to excessive moisture, have curbed MY 2023/24 EU winter grain production expectations.

For MY 2023/24, lower area and poor yields are expected to push production levels well below the previous year’s levels.