Browse Data and Analysis
Filter
Search Data and Analysis
- 4 results found
- (-) September 2023
- (-) April 2022
- (-) United Kingdom
- Clear all
United Kingdom: Changes to UK Alcohol Tax Rates May Challenge US Exports of Some Alcoholic Beverages
Changes to UK alcohol tax rates were implemented on August 1, 2023. The UK government calls this an alcohol duty, but it is an excise tax charged at the point of production or importation of drinks of alcoholic strength exceeding 1.2 percent alcohol by volume (ABV) – the percentage of pure alcohol per liter of product.
MY2022/23 is characterized by a small decrease in rapeseed production and an increase in imports of soybean meal and oil. Total United Kingdom (UK) rapeseed area in MY2022/23 is forecast to increase by 17 percent with an anticipated yield of 3Mt per hectare, slightly below the Defra five-year average of 3.3Mt per hectare.
Food and drink production is the UK’s largest manufacturing sector. UK consumers demand products containing a wide range of ingredients, some of which cannot be sourced entirely in the UK.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.