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Israel is an advanced, market-oriented economy. However, its limited land and water resources preclude agricultural self-sufficiency, affecting local production costs and consumer prices.
New regulations requiring front of pack labeling are set to enter into force on January 1, 2020.
Israel’s area planted in citrus in MY 2019/20 is estimated at 17,763 hectares (ha), 80 ha less than the planted area in MY 2018/19.
The report lists and describes certificates that should accompany food and agricultural products to Israel.
U.S. agricultural and related product exports to South Korea exceeded nine billion dollars in 2018, making it our fifth largest agricultural export market.
Korea’s total citrus production for Marketing Year (MY) 2019/20 (October – September) is projected to increase six percent to 645,000 metric tons (MT) from 607,638 MT in MY 2018/19.
On November 12, 2019, Statistics Korea (KOSTAT) released its revised 2019 rice production estimate of 3.744 million metric tons (MMT), down 1 percent from the initial rice production estimate....
In Marketing Year (MY) 2019/20 (July – June), Korea’s fresh apple production is projected to increase 7 percent to 508,000 metric tons (MT), mainly due to favorable weather during the flowering....
In marketing year 2019/20, Korea’s pear production is projected to increase by 3.4 percent to 210,000 metric tons due to increased yield as a result of better weather conditions....
For Marketing Year (MY) 2019/20, FAS/Seoul has increased the projection for corn imports to 10.8 MMT.
South Korea’s Hotel, Restaurant and Institutional (HRI) food service sector continues to grow as consumers spend more on dining out and look for more convenience in their busy lives.
The Israeli Hotel Restaurant Institutional (HRI) sector is generally stable with the economy’s growth over the past decade leading to an increase in spending on dining out.