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Attaché Report (GAIN)

European Union: Dairy and Products Semi-Annual

EU environmental restrictions are stagnating milk production in Northwestern European Member States (MS). As a result, EU27 peak milk production was likely reached in 2020 and cow milk production in the EU27 is forecast at 144.6 million MT (MMT) for 2022, a decrease of 434,000 MT compared to 2021 and 836,000 MT down from 2020.
Attaché Report (GAIN)

Hong Kong: Retail Foods

Despite a small population of 7.4 million people, Hong Kong is the seventh-largest export market for U.S. consumer-ready agricultural products. Hong Kong has always been an attractive market for innovative U.S. food and beverage products as well as a gateway to the region.
Attaché Report (GAIN)

Turkey: Citrus Semi-annual

Turkey’s citrus production for MY 2021/22 is forecasted up year-over-year in large part due to improved weather conditions compared to the previous year’s hot weather. While production is up, growers are seeing profit margins shrink as input costs, such as fuel and fertilizer, increase at a faster clip than farm gate prices.
The following changes have been made to the 2022 FAIRS report: 1) Section II – Labeling. Effective December 1, 2023, food containing hydrogenated oils must be labeled. 2) Section III – Packaging. Glass and plastic bottles will be subject to additional levies. 3) Section VI – Other Requirements, Regulations, and Registration Measures.
World Production, Markets, and Trade Report

Dairy Monthly Imports

This monthly report includes information on U.S. and global imports of dairy products, including maximum quantities that can be imported under tariff-rate quota licensing.
On May 19, 2022, the European Commission (EC) approved two genetically engineered (GE) crops (1 soybean and 1 corn/maize) for food and animal feed. The two authorizations were published in the European Union’s Official Journal on May 20, 2022, and they remain valid for 10 years.
Quarterly Agricultural Export Forecast

Quarterly Agricultural Export Forecast

FAS and the Economic Research Service jointly publish the quarterly Outlook for U.S. Agricultural Trade. The agricultural export forecast is updated February, May, August, and November.
The Hong Kong Environmental Protection Department is in the process of mapping out legislative initiatives coupled with public education to enhance waste management. U.S. food exports to the city could be impacted by the government’s adoption of various producer responsibility schemes (PRSs) relating to plastic and glass beverage containers by which manufacturers/importers are expected to pay a levy.
This report provides an update on Turkey’s export ban on select agricultural products to stabilize local market conditions and keep food prices from running higher.
In the first quarter of 2022, U.S. agricultural exports fell to the lowest level in four years. While expanding U.S. direct exports to China, and lingering shipping issues continue to drive the overall decline in U.S. agricultural exports to Hong Kong, government restrictions in response to the city’s fifth wave of the pandemic exacerbated the drop in U.S. agricultural sales.
Attaché Report (GAIN)

Hong Kong: Love for Wine Prevails Against Pandemic

The Hong Kong wine market has stayed resilient since the start of the COVID-19 pandemic. The local foodservice business has suffered the most as the operation of restaurants and bars were often curbed to contain the virus. However, wine retail sales injected energy to a sluggish market and enabled the continuation of wine consumption in Hong Kong.
In 2021, the total value of U.S. agricultural and food exports to Hong Kong dropped 12 percent compared to 2020, continuing its decline from the 2017 peak and reaching its lowest level since 2008. The overall drop in exports was driven primarily by lower sales of consumer-ready products which offset recoveries in other product categories.