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U.S. agricultural exporters of consumer-oriented products are well-positioned to increase sales to Guatemala. In 2023, U.S. consumer-oriented export values reached a third-consecutive record on 15 percent growth from the previous year (Figure 3).
Korea’s wine import sector has been undergoing a stabilizing phase since the explosive growth around 2021. In 2023, wine imports reached 506 million USD, down 12.9 percent from the previous year, totaling 56.5 million kg, a decrease of 20.4 percent compared to 2022.
Wine grape production in 2025 is forecast to improve by five percent on favorable winter conditions, which will translate into a slight increase in wine production.
FAS India (New Delhi, Mumbai) (Post) is updating the earlier GAIN-INDIA | IN2020-0195 | FSSAI Publishes Regulations for Alcoholic Beverages report.
From February 23, 2024, U.S. wines can access the Thai market duty-free and with lower excise taxes.