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French wheat exports to Algeria decreased by almost 47 percent due to a lack of available quality and quantity, opening Algeria to exports from Poland and Germany.
The Ministry of Agriculture (MoA) recently announced that it supports the creation of new dairy cattle farms and importing 90,000 dairy cattle in the near future.
Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.
Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
The overall food processing sector is growing at about 5 percent per year, with dairy, bakery, and processed fish products among the leading sectors.
U.S origin dairy products trade resumed in 2011 and exports have been on an upward trend since then and it seems for the foreseeable future.
With per capita income of over $10,500 and a middle and upper class making up 61 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.
In late October the Ministry of Agriculture (MoA) reported that total cereal production for MY2014/2015 is estimated at 3.4 MMT but continues to be silent about bread wheat and durum productions.
Malaysia has a relatively small consumer base for wine. Nonetheless, U.S. sales were a record in 2013, and U.S. wines can build upon this through more educational and promotion efforts.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
Algeria’s MY 2014/15 total grain production suffered from water stress due to the spring drought. The preliminary forecast is 3.0 MMT, a 38 percent decrease from last year’s crop of 4.9 MMT.