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Turkey has a young population of 84 million people fueling consumption of consumer-oriented agricultural products. The country is in a Customs Union with the EU and is the 20th largest economy in the world and the 7th largest agricultural producer.
UK inflation is at a ten-year high with household gas and electric bills increasing 28.1 and 18.8 percent over the past year, respectively. Retail food prices reached a 14-month high with annual grocery price inflation reaching 2.1 percent.
Vietnam’s livestock sector is facing many challenges, including the impacts of various disease outbreaks, the COVID-19 pandemic, and high feed costs.
On October 12, 2021, the United States and Morocco completed a sanitary certificate for exports of U.S. live aquatic animals to Morocco. The completion of this certificate offers new opportunities for U.S. exporters of live aquatic animals intended for farming.
Romania and its 19.3 million consumers offer increasingly viable market opportunities for U.S. food and agriculture. In 2020, Romania imported $10.2 billion of food and agricultural products, of which two percent, or $177.26 million, were sourced from the United States.
Since Burma initiated a series of political and economic reforms in 2011, U.S. agricultural exports have grown over 80-fold, reaching a record $174 million in 2019 and $167 million in 2020 despite the COVID-19 situation.
On October 23, 2021, the National People’s Congress of China (NPC) published the Agricultural Product Quality and Safety Law of the People's Republic of China (Revised Draft) for domestic comment. Once finalized, the revised law will replace the currently effective law of the same title, which was promulgated in 2006.
On November 15, 2021, China notified the National Food Safety Standard: Code of Hygienic Practice for Livestock and Poultry Edible Offal and Byproducts to the WTO SPS Committee as G/SPS/N/CHN/1234.
On November 15, 2021, China notified the National Food Safety Standard: Code of Hygienic Practice of Producing for Prepared Meat Products to the WTO SPS Committee as G/SPS/N/CHN/1240. This is the first notification of a domestic code of hygienic practice of producting for prepared meat products in China.
Germany has more than 83 million of the world’s wealthiest consumers and is by far the biggest market in the European Union. The German market offers good opportunities for U.S. exporters of consumer-oriented agricultural products.
The Japanese food market was valued at $789 billion in 2020 with retail sales accounting for $474 billion (60 percent) and foodservice sales accounting for $239 billion (30 percent). Japan relies on imports from other countries for the bulk of its food supply.
In MY 2021/22, EU citrus production is projected to drop 6.8 percent compared to the previous season to 10.7 MMT due to unfavorable weather conditions in the top EU citrus-producing countries.