Browse Data and Analysis

The United Kingdom is still facing a cost-of-living crisis. In October 2024, businesses and consumer confidence indexes dropped to the lowest level this year as uncertainty looms with regards to the newly elected Labour administration and what they may announce in the October 30 government budget.

The UK food ingredients sector is a thriving and competitive market, driven by changing consumer demands, technological advancements, and an emphasis on quality and safety.

Changes to UK alcohol tax rates were implemented on August 1, 2023. The UK government calls this an alcohol duty, but it is an excise tax charged at the point of production or importation of drinks of alcoholic strength exceeding 1.2 percent alcohol by volume (ABV) – the percentage of pure alcohol per liter of product.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Refined Wheat Flour Fortification) Regulations (2022).

The cost-of-living crisis dominates this report, highlighting the increased price of food faced by consumers in the UK.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Color Coding for Sugar Levels - Liquid) Regulations (2022). These new regulations regulate the labeling of the sugar content of liquids effective January 1, 2024, replacing the current Food (Color Coding for Sugar Levels) Regulations (2016).

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

The UK has a large, well-developed food processing industry, requiring a wide range of ingredients, from low-value, highly processed food to high-value, lightly processed ingredients. This provides many opportunities for U.S. exporters, including wellness and health products.

Japan’s National Tax Agency (NTA) proposed 9 new geographical indications (GIs) for alcoholic beverages from the United Kingdom. NTA will accept public comments on the proposal through January 16, 2023.

On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (Number 1) to SLS 1725-2:2021 for Processed Grain-based Food Products, Part 2: Cornflakes to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51

On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified its draft amendment standards (Number 1) to SLS 894:2003 for bottled (packaged) drinking water to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51. The comment period closes on December 20, 2022.