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FAS/San José expects orange production to increase approximately 11 percent in marketing year (MY) 2024/25 to 250,000 metric tons. Production in MY 2023/24 was lower than previously expected at 225,000 metric tons as a result of erratic rainfall patterns associated with the El Niño weather phenomenon.
This report provides economic, market, and regulatory analysis for U.S. exporters looking to do business in Costa Rica, highlighting trends and offering a practical overview of the local market.
In 2023, Australia's foodservice industry was worth A$59 billion (US$39.1 billion). However, rising inflation and the overall cost of living have hindered its growth in 2023 and 2024.
In 2023, Hong Kong did not have any policy changes to regulations pertaining to genetically engineered (GE) products. GE products are subject to the same food regulations of conventional foods.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong launches Delicious USA 2024 with a record 51 restaurants offering Hong Kong and Macau patrons a chance to “Taste the Finest”...
Milk production for 2025 in Australia is forecast to increase by 1.1 percent to 8.8 million metric tons (MMT) after strong growth of 2.7 percent for 2024 at an estimated 8.7 MMT from previous years of declining production.
Production of genetically engineered products (primarily cotton for seed and pink pineapples) is expected to increase in 2025 as new cotton events are expected to be approved by the National Technical Biosafety Commission.
The Australian federal government’s strong support for biotechnology is evident in its considerable long-term funding commitment to research and development. Despite the contentious nature of biotech in Australia, the federal government remains a strong proponent, investing heavily in research and development and approving various genetically engineered crops for commercial use.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong.
Australian winter crops have had very challenging seasonal conditions for MY 2024/25, including low soil moisture at planting, below-average rainfall, and frost damage.
On October 16 the Hong Kong Government (HKG) announced a significant reduction in the duty on imported alcoholic beverages with an alcohol content above 30 percent by volume.
Australia’s table grape production is forecast to increase to 230,000 metric tons (MT) in marketing year (MY) 2024/25, the second largest on record, from an estimated 195,000 MT in MY 2023/24.