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Peru’s food processing industry is a dynamic sector of the national economy.
Coffee production in marketing year (MY) 2019/20 (April/March) is forecast at 4.5 million bags (60- kilograms per bag), increasing 3 percent from the previous year.
Milk production in CY 2019 at is forecast at 2.3 MMT.
The Office of Agriculture Affairs forecasts refined sugar production in MY2019/20 to increase by approximately 14 percent or 335,000 MT to reach 2.74 MMT.
From January to June 2018, Egypt imported $2.6 billion worth of food ingredients.
In MY 2019/20, cotton area harvested is forecast to drop by almost 31 percent to 97,000 ha, from 141,000 ha in MY 2018/19.
Peru’s sugar industry continues grow. It is bound to reach self-sufficiency in the upcoming years.
This report outlines Peru’s regulatory requirements for food and agricultural product imports.
Egypt’s soybean imports in marketing year (MY) 2019/20 are forecast at 4 million metric tons (MMT), up 500,000 MT from the MY 2018/19 estimate.
The U.S.–Peru Trade Promotion Agreement (PTPA) celebrated its tenth anniversary on February 1, 2019.