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This report provides an overview of the New Zealand wine market as of the publication date. New Zealand imports wine from all over the world, indicating that consumers in the country are open to exploring various wine regions.
U.S. food and agricultural products have continued to prove popular in the New Zealand market. In 2023, the value of these products was a record US$ 9.3 million, US$ 3.4 million of which were consumer-oriented products.
New Zealand fluid milk production is forecasted to be 21.2 million metric tons (MMT) in the 2024 market year (MY). This is a decrease on the previous 5-year average of ~21.6 MMT, reflecting the decreasing herd numbers and the short-term effects of the following: El Niño weather pattern, softening revenue, high cost of debt servicing, and challenging feed and fertilizer prices.
New Zealand fluid milk production in 2024 is forecast to decline by 0.5 percent to 21.4 million metric tons (MMT). This situation results from recent decreases in farm gate milk price forecasts, as well as rising interest rates, which are expected to...
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Refined Wheat Flour Fortification) Regulations (2022).
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Color Coding for Sugar Levels - Liquid) Regulations (2022). These new regulations regulate the labeling of the sugar content of liquids effective January 1, 2024, replacing the current Food (Color Coding for Sugar Levels) Regulations (2016).
U.S. food and agricultural products have continued to prove popular in the New Zealand market, and in 2022 the value of these products was a record US$ 629 million, US$ 413 million of which were consumer-oriented products.
FAS/Wellington’s New Zealand milk production forecast is raised for 2023 to 21.5 million metric tons (MMT) as a result of favorable pasture growing conditions entering the year and strong milk production during the first four months of 2023.
Despite being a small country, New Zealand is a major exporter of food and beverage products, and many of these products are manufactured in-country requiring inputs imported from other suppliers.
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (Number 1) to SLS 1725-2:2021 for Processed Grain-based Food Products, Part 2: Cornflakes to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified its draft amendment standards (Number 1) to SLS 894:2003 for bottled (packaged) drinking water to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51. The comment period closes on December 20, 2022.
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (Number 1) to SLS 1725-3:2021 for Processed Grain-Based Food Products, Part 3: Rolled Oats to the World Trade Organization (WTO). WTO members are invited to submit comments on notification G/TBT/N/LKA/51.