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After a major decrease in 2022, Ukraine’s cattle and swine population is expected to decline further in 2023. Although some war-related factors have already had their negative impact, the refugee crisis, disposable income drops, and a weakened economy are expected to depress livestock sector development further.
From September 24 to October 16, 2022, FAS New Delhi (Post) organized a nationwide “Taste of America Fusion Food” campaign at “Social,” (Social Ltd.) a chain of contemporary bistro restaurants. The three-week Taste of America promotion, held in eight, Social Ltd. outlets across five cities, highlighted the versatility, flavor, and wholesomeness of select U.S. food ingredients that can be utilized in India’s rapidly growing restaurant industry.
On February 8, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified on its website the Corrigendum 12014/01/2020-QA (January 19, 2022). This corrigendum modifies the earlier FSSAI Order No. 12014/01/2020-QA (November 3, 2021).
On February 1, 2023, India’s Ministry of Finance, Department of Revenue issued Notification No. 02/2023-Customs in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) (official gazette), whereby it sets the import duty tariff rate for pecans, HS code 0802.9900, at 30 percent, effective April 1, 2023.
On February 1, 2023, the Ministry of Finance, Government of India presented its annual Union Budget to the Lok Sabha (lower parliament house) for Indian fiscal year 2023/2024 (April 1-March 31). In its Finance Bill, 2023 (No. 02/2023-Customs), the Finance Ministry announced changes in customs and central excise duty rates for various commodities, including pecans.
This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.
Although it initially decreased after the war began, Ukraine’s chicken meat production remained stable in 2022. The production was impacted by significant cost increases predominately associated with more expensive trade logistics and a turbulent macroeconomic environment.
India’s upcoming rabi (winter sown, spring harvested) crop acreages has been boosted to record levels on adequate 2022 monsoon rains in October and generally favorable weather conditions.
The exporter guide provides an economic and market overview, as well as trends and practical tips for U.S. exporters on how to conduct business in Sweden. The report further describes three market sectors (food retail, food service, and food processing), market entry strategies, and high-value product prospects, focusing on consumer-oriented products.
Germany is the fourth largest wine producer in the European Union after France, Italy, and Spain. German wine production from the 2022 harvest for marketing in CY 2023 is estimated at 9.4 million hectoliters, 9.8 percent higher than the previous year.
Due to the recent ban on genetically engineered (GE) commodity imports, the 2022/23 soybean import forecast is reduced from 2.5 to 1.2 million tons. With the lower expected soybean imports, 2022/23 crush and soybean meal output is reduced accordingly.
On November 30, 2022, Sri Lanka’s Minister of Finance, Economic Stabilization and National Policies issued a Customs Notification, imposing a levy on 15 food and agricultural products (HS) headings.