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Romania, a member of the European Union (EU), observes the EU standards and regulations regarding biotechnology. Most farmers view biotechnology as an instrument in managing the agronomic risks and sustaining their competitiveness.
Grape production in Peru is forecast to reach 790,000 metric tons (MT) in marketing year (MY) 2024/2025, an increase of two percent compared to the previous year. The expected increase is due to improved climatic conditions in northern coastal regions which represents 48 percent of the total production area.
Since 2011, Peru has continued its moratorium on biotechnology due to concern on its impact to the environment. The scientific community, however pledges to adopt it . In January 2021, Peru extended the previous ten-year biotechnology moratorium for another fifteen years.
The food retail sector in Peru is anticipated to experience 5 percent growth by the conclusion of 2024, attributed to the overall enhancement in the country's economic landscape and targeted strategies devised by both the modern and traditional food channels.
Romania continues to be a growing market for U.S. food and agriculture exports. Romania’s total resident population is 19.05 million people, which is a marginal increase from previous years, with about 48 percent living in rural areas (2023 data).
Peru’s mandarin/tangerine production and exports are expected to recover and increase by two and three percent, respectively, in MY 2023/2024 (March 2024 to February 2025). Production is forecast to reach 560,000 metric tons (MT), while exports are forecast to recover to 210,000 MT.
Peru's coffee production and exports look to continue their recent growth trends and are expected to increase seven and six percent, respectively, in marketing year (MY) 2024/25. Production is forecast to reach 4.22 million 60-kilogram bags in MY 2024/2025, while exports are forecast at 4.07 million bags.
In 2023, according to Romania’s National Institute of Statistics (NIS), Romania imported $211 million of U.S. food and agricultural products, up nearly 11 percent compared to 2022. According to the U.S. Census Bureau's bulk, intermediate, and consumer oriented (BICO), U.S. suppliers shipped $79 million worth of food and agricultural products to Romania in 2023.
Sugar cane production in marketing year (MY) 2025 is forecast at 10.2 milllion metric tons (MMT). Cane sugar production in MY 2025 is forecast to reach 1.3 MMT, increasing 14 percent compared to the previous year.
Peru has a robust food processing industry that is an integral part of its economy. The food industry contributes to nearly 27 percent of the country's industrial gross domestic product (GDP). However, the non-primary manufacturing sector, which encompasses food and beverage production, experienced a decline of 8.1 percent in 2023.
Wheat imports in marketing year (MY) 2024/2025 are forecast at 2 million metric tons (MMT). Canada led the Peruvian wheat market in calendar year (CY) 2023 with 72 percent market share.
After the 2023/24 El Niño cycle, fishmeal production in marketing year (MY) 2024/25 is expected to recuperate back to 1.1 million metric tons (MMT), a 39 percent increase compared to the previous year's estimates.