Browse Data and Analysis

According to the Brazilian Food Processors' Association (ABIA), the country's food processing sector registered revenues of R$922.6 billion (US$171 billion) in 2021, an increase of 16.9 percent compared to 2020. Although the country has suffered from the COVID-19 pandemic, the advances in vaccination and a rebound in the service sector have contributed to the industry's performance.

Forecasts of below average rainfall and extended dry spells in most parts of the country by the Ghana Meteorological Agency, looming shortage and soaring global prices of fertilizer, and a further cutback on fertilizer subsidy rate are set to erode the grain production gains of GOG’s Planting for Food and Jobs program.

The Italian food-processing industry continues to be highly fragmented, characterized by a growing consolidation of smaller companies. The leading players tend to employ multichannel strategies, which have helped them to offset food service losses with higher sales in the retail channel during the COVID-19 pandemic.

Korea has a strong food processing industry that manufactures a wide variety of food and beverage products. It also relies heavily on imports to fulfill its food and agricultural needs.

Philippine demand for imported high-quality food and beverage ingredients remains strong, despite supply chain disruptions, rising inflation, and logistical challenges.

This report provides information to U.S. exporters of agricultural and related products on how to do business with the Food Processing industry in Panama. It is primarily a service-based economy, but food processing is one of its top industries.

Rice export prices remain unchanged despite the strengthening of the Thai baht.

The Indian government is prioritizing the country's food processing sector. The sector has a key role in connecting Indian farmers to domestic and international markets.

Canola ending stocks are forecast to close marketing year (MY) 2021/22 at just 15 percent of the five-year average, driven by reduced yield due to drought and strong global demand for oilseeds. Assuming a return to average yields, canola exports are forecast to nearly double in MY 2022/23, driven by strong global demand for oilseeds and a rebuilding of exportable supplies.

Marketing year 2020/21 was another record year for U.S.-origin soybean exports to Egypt. The United States, with 2.53 MMT in exports, was Egypt’s largest supplier of soybeans. Egypt’s soybean imports in marketing year (MY) 2022/23 (October-September) are forecast at 4.0 million metric tons (MMT), up 400,000 MT from the MY 2021/22 estimate.

The 2022 crop season in Morocco is progressing under difficult conditions. Dry and hot weather during January and February has driven production to record lows, especially in southern Morocco.

Rice import for MY 2022/23 is forecast to increase by 12 percent as political campaigns and electoral activities leading up to the general election in 2023 gear up. A 4 percent marginal increase in wheat imports is envisioned as the Russia/Ukraine crisis prolongs. High flour mill operating costs will negatively impact the price of flour.