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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.
On December 18, 2020, the Government of India’s Food Safety and Standards Authority of India (FSSAI) issued new regulations and standards for alcoholic beverages.
On December 28, 2020, South African President Cyril Ramaphosa announced a total ban on the sale of alcohol from stores, restaurants and bars until January 15, 2021, except in the case of exports...
On September 23, 2020, the Thai Excise Department published a revised notification on quality standard for imported alcoholic.