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On January 26, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards for tomato sauce to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/43.
On January 26, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards for chili sauce to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/41.
On February 1, 2022, the Sri Lanka Standards Institution notified draft amendment standards for fruit squashes, fruit syrups, and fruit cordials (Second Revision) to the World Trade Organization (WTO) and invites members to comment on notification G/TBT/N/LKA/42.
On January 26, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (number 2) for fruit juices and nectars to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/47.
On January 26, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (first revision) for ready-to-serve fruit drinks to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/45.
Due to the poultry industry’s slow recovery and sluggish consumer demand for edible oils, no significant growth in oilseed and edible oil use is forecast for 2022/23. Likewise, soybean, canola, and palm oil imports in 2022/23 are forecast to remain similar to 2021/22 levels.
Taiwan's economy is booming with the GDP forecasted to increase 4.42 percent in 2022. In 2021, Taiwan imported $3.93 billion worth of agricultural and food products from the US, making it the 6th largest market for U.S. agricultural products.
Rice export prices increased 4-5 percent due to concerns about Russia’s invasion of Ukraine.
With over 1,800 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2020, Israeli food processors' annual revenue stood at $19.26 billion while the beverage and tobacco industry's annual revenue was $2.42 billion.
On May 2020, the European Commission announced a revision of the legislative framework for Geographical Indications (GIs) as part of the European Union (EU) Green Deal’s Farm to Fork Strategy.
FAS Tokyo projects Japan’s overall demand for feed grain to remain robust in MY2021/22 and MY2022/23 as livestock production expands. FAS Tokyo anticipates corn imports to decrease in MY2021/22 and MY2022/23 as feed millers increase the ratio of low-cost rice at the expense of corn in compound feed.
Rising feed demand coupled with limited availability and higher prices for protein-rich substitutes is expected to increase China’s soybean imports to a record forecast 100 million metric tons (MMT) in Marketing Year (MY) 22/23.