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Retail food outlets in Taiwan are comprised of convenience stores, supermarkets, and hypermarkets, which generated $32.8 billion worth of sales in 2022, a 4.57 percent growth from 2021.
India’s food retail sector will continue its upward trajectory following a decade of market evolution and sustained growth. The increased purchasing power of Indian households, growing awareness and access to gourmet products, and consumer awareness toward international cuisines and food products have acted as primary growth catalysts in the sector.
The cost-of-living crisis dominates this report, highlighting the increased price of food faced by consumers in the UK.
The turnover of the Dutch retail sector was valued at $48.7 billion in 2022. The sector is relatively consolidated, with the two largest food retailers controlling almost 60 percent of the market. Retail prices of some basic shopping items increased by 15 percent, resulting in consumers visiting multiple supermarkets and increasingly choosing private label products.
On May 26, Japan’s Ministry of Agriculture, Forestry, and Fisheries affirmed that it would maintain the tariff-rate quota volumes for butter at 8,000 MT and non-fat dry milk (NFDM) at 750 MT for Japanese fiscal year 2023, in line with its previous announcement in January.
On September 29, 2021, the General Directorate of Internal Tax (DGII) of the Dominican Republic (DR) issued Regulation 07-21, implementing the Fiscal Control and Traceability System for Alcoholic Beverages and Cigars (TRAFICO) to tackle illicit trade and tax evasion in the alcoholic beverage and cigarette sectors.
On June 16, 2023, Egypt notified the World Trade Organization (WTO) of a new halal requirement and procedure for food products via a Technical Barriers to Trade (TBT) addendum notification.
Morocco is a price-sensitive market that does not showcase significant quantities of U.S. food and beverages in the retail sector. In 2022, U.S. exports of consumer-oriented products to Morocco reached $155 million.
This report provides information to U.S. exporters of agricultural and related products on how to do business with the retail food sector in Panama. In 2023, the retail sector in Panama remains competitive, where the industry is more agile and innovative to better serve its customers.
U.S. exports of consumer-oriented food products to Saudi Arabia increased 23 percent over 2021 to a record $656 million mainly due to the continued expansion in online shopping platforms.
On June 8, 2023, the Government of India’s (GOI) Food Safety and Standards Authority of India (FSSAI) invited World Trade Organization (WTO) members to provide comments on draft amendments to the Food Safety and Standards (Alcoholic Beverages) Amendment Regulations 2023.
On June 2, 2023, the People’s Republic of China (PRC) notified National Food Safety Standard Milk Powder and Modified Milk Powder to the World Trade Organization (WTO) under G/SPS/N/CHN/1160/Add.1.