Browse Data and Analysis

In 2023, the European Union (EU)-27 imported $6.5 billion in tree nuts from the world. The EU remains a net importer of tree nuts for all products as demand highly exceeds domestic production. The United States is the largest EU-27 tree nuts supplier, providing $2.4 billion worth of nuts, or 37 percent of total imports.

Rice export prices further dropped one percent from the previous week.

Rice export prices dropped 1-3 percent from the previous week despite the strengthening of the Thai baht.

Both EU beef and pork production, as well as exports, are forecast to temporarily increase this year. Beef production will increase because of high carcass and beef prices combined with an overall dim outlook for the sector, incentivizing farmers to slaughter their cattle.

Driven by strong internal demand, EU chicken meat production is expected to continue growing in 2024 and 2025. In 2025, Poland will remain the largest EU chicken meat producer, accounting for more than 22 percent of total EU production.

Rice export prices increased 1-6 percent from the previous week despite the weakening of the Thai baht against the U.S. dollar.

FAS Bangkok (Post) expects chicken meat production to increase slightly in 2024 due to limited supplies of day-old chicks and the slow recovery in domestic consumption amid strong export demand.

Rice export prices remain unchanged despite the appreciation of the Thai baht against the U.S. dollar, except for parboiled and fragrant rice prices which increased 1-2 percent, following the steady export demand.

In MY 2024/25, EU production of stone fruits (peaches and nectarines, and cherries) is estimated to exceed last season's levels. Favorable conditions across many growing Member States support a production recovery, which is projected to allow for both larger exports and domestic consumption.

FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 due to acreage expansion and average yield improvement, compared to MY 2023/24.

The report details the Department of Agriculture's regulation on the criteria, methods, and conditions for certifying genome-edited plants. This regulation enables Thailand to access new plant varieties, enhancing the country’s ability to address food security and climate change challenges.

On August 21, 2024, the Ministry of Commerce (MOFCOM) of the People's Republic of China (PRC) announced that it had initiated an anti-subsidy (i.e., countervailing duty or CVD) investigation on imports of certain dairy products originating from the European Union.