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- (-) December 2015
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Indonesia faces economic challenges in 2015 and 2016. Bank Indonesia expects growth at approximately 4.7 – 5.1 percent in 2015 and 5.2-5.6 percent in 2016.
The Indonesian food processing industry will serve a population of 255 million in 2016 and offer significant market potential for U.S. food and ingredient suppliers.
Post forecasts Israel’s MY 2015/16 (October-September) citrus production at 600 thousand metric tons (TMT), up nearly 10 percent from MY2014/15.
Favorable cotton prices relative to synthetic fiber prices, combined with the expansion of large mills, have led to higher imports and consumption of cotton in MY 2014/2015.
Indonesia is experiencing an El Nino event characterized by atypical dryness throughout much of its palm oil production regions.