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In 2021, the European Union (EU)-27 imported $7.1 billion in tree nuts from the world. The United States, with $2.5 billion, is the largest EU-27 tree nuts supplier, accounting for 35 percent of total imports.
FAS New Delhi (Post) forecasts marketing year (MY) 2022/23 (August-July) Indian almond imports (shelled-basis) at 148,000 metric tons (MT) a slight decrease from MY 2021/22, as food inflation volatility, rupee depreciation, and global shipping challenges are likely to persist in the near term, impacting price.
Interactive Tableau visualization showing the percentage of exported agricultural production for 25 top commodities.
Malaysia was the 25th largest export destination for U.S. agricultural products in 2021 and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry. Food and beverages manufactured in Malaysia not only serve domestic consumers but are also exported to many neighboring countries. U.S. exporters of dairy products, fresh and processed potatoes, food-grade soy, processed fruit and juices, tree nuts and more have many opportunities to supply Malaysian industry which depends on imports for key ingredients and inputs, and in doing so will reach consumers across Malaysia and throughout Southeast Asia.
U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.
Post projects Ukraine’s walnut production decreasing to 95,500 metric tons (MT) for marketing year (MY) 2022/23 based on a combination of suboptimal weather conditions and some production areas in Russian occupied areas. Exports were slow for two consecutive marketing years (MY) in a row: MY2020/21 – because of quality issues and administrative barriers by Turkey; and MY2021/22 – due to constrained logistics stemming from Russia’s invasion.
Infographic highlighting the total exports, top destinations, and top commodities for U.S. agricultural exports in 2016.
Malaysia’s retail sector is forecast to grow at three percent due to cautious consumer spending, increased subsidy rationalization and introduction of a new goods and services tax.
The overall food processing sector is growing at about five percent per year, with dairy, bakery, and processed fish products among the leading sectors.
Socio-economic and demographic changes continue to alter food trends in France. French consumers desire innovative and more convenient foods offering a quality image, better taste, and increased...
Brunei Darussalam is a small, energy-rich Muslim country with less than 430,000 inhabitants. Agriculture accounts for less than one percent of Brunei’s gross domestic product (GDP) ($3.0 billion)...
Slovakia was one of the fastest-growing economies among the EU Member States in 2015, recording a three percent increase in GDP.