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- (-) December 2022
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Export prices increased 1-2 percent due to the strengthening of the Thai baht.
On December 28, the General Administration of Customs of the People’s Republic of China (GACC) published Announcement No. 131 of 2022, indicating a change in classification of COVID-19 controls and management was forthcoming. The Announcement states...
On December 26, several authorities of the People’s Republic of China (PRC) issued Announcement No. 132 of 2022 related to the development of an online verification program of several agricultural and related product import tariff quota certificates...
This report supplements information provided in the 2022 Indonesia FAIRS Country Report and updates the 2021 Indonesian FAIRS Export Certificate Report.
This report identifies Brazil’s import requirements for foreign export certificates. Export certificate matrix and outline are included. There are additional certificates and certificate changes added to the trade matrix that affect imports of agricultural products in general. This report supplements the FAIRS Narrative Report.
On October 2022, Brazil adopted the Front of Panel Nutritional Label, which has been under discussion since 2014. The two major government regulators for agricultural goods, the National Agency of Sanitary Surveillance (ANVISA) and the Ministry of Agriculture Livestock and Food Supply (MAPA), have also concluded the great majority of the task of reviewing and consolidating the comprehensive set of regulations related to technical and administrative procedures; however, there are still ongoing public consultations, and those are expected to be concluded in 2023.
U.S. beef exports to East Asia in 2022 are again on record pace after a record year in 2021. Despite economic uncertainties due to the COVID-19 pandemic, continued global supply chain challenges, and a competitive global beef market, U.S. beef exports to East Asia, both in value and volume, were outstanding in the first half of 2022.
Brazil is the second-largest producer of biotech crops in the world with 105 events approved. For the 2022/2023 crop season, FAS Brasilia forecasts a 65 million hectares planted with GE traits. Adoption rates for soybeans and cotton reached 99 percent and 95 percent for corn. Continued use of biotechnology seeds has been a major contributor to yield growth in Brazil since its adoption.
Post forecasts that milk production in 2022 will reduce about five percent, to 23.7 million metric tons (MMT), while in 2023 it is expected to grow around 3.6 percent, reaching 24.5 MMT. Milk consumption in Brazil is expected to fall around four percent, but recover in 2023 by three percent.
The Japanese food market was valued at $698 billion in 2021 with retail sales accounting for $467 billion (67 percent) and foodservice sales accounting for $231 billion (33 percent). Japan relies on imports from other countries for the bulk of its food supply. The United States is the leading agricultural product supplier with a 23 percent market share in 2021.
FAS Manila maintains MY 2022/23 milled rice production at 11.975 million MT, as previously stated conditions such as diminished fertilizer application still hold. FAS Manila estimates rice imports at 3.8 million MT in response to recent trade data. FAS Manila estimates wheat imports at 5.8 million MT because of high prices and industry contacts’ observations that consumers have limited purchasing power.
Export prices increased 3-4 percent due to new inquiries for new-crop rice supplies ahead of the holidays.