Browse Data and Analysis

FAS/Managua anticipates a drop in sugarcane production in marketing year 2024/25, as increased precipitation, which could be exacerbated by a La Niña weather cycle in the second half of 2024, brings agricultural and industrial yields closer to historical levels.

In MY 2024/25, Post forecasts imports by the United Arab Emirates (UAE) of all wheat, rice, corn, and barley to increase to meet high local demand. Strong tourism, population growth, and expanding poultry and dairy sectors will drive this demand.

FAS/Managua projects marketing year 2024/25 peanut production to rebound to a record high of 230,000 metric tons on sustained high area planted and improved growing conditions following a damaging El Niño cycle in 2023/24.

The UAE's food processing sector is thriving, driven by robust economic growth and domestic consumption. With 568 predominantly small- and medium-sized food and beverage processors, the UAE hosts over 2,000 food and beverage manufacturing companies that generate $7.63 billion in annual revenue.