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- (-) April 2024
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Ukraine’s total imports of fish and seafood rebounded by 28 percent in 2023 after a major war-impacted drop in 2022. The demand for seafood remains strong, although it has shifted from more expensive species to cheaper ones. Strong imports are taking place despite a 20 percent population drop, a major disposable income decline, and new and more expensive trade routes.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Growing Sales of Traditional Chinese Medicine Signal Strong Demand for U.S. Ox Gallstones; Hong Kong Emptied Out Over Easter With Record Jaunts to China...
Grain production in Ukraine has remained unprofitable since the Russia’s invasion, and this is expected to translate into decreased grain area for MY2024/25. With CY2024 yields forecast below the previous near-record-breaking CY2023, the total grain MY2024/25 production volume is forecast to be lower than for the previous marketing year.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Hong Kong’s Market for Consumer-Oriented Products Holds Steady at $21 Billion; Quarterly Business Receipts For Service Industries Increases in Q4; Macau’s Migrant Population Grows, Ageing Ratio Climbs; Michelin Announces Seven Bew Big Gourmand Restaurants in Hong Kong and Three in Macau...
In recent years, and particularly in 2024, the Agricultural Trade Office (ATO) has received inquiries from local importers looking for U.S. ox gallstones - signaling an underlying demand for this byproduct in Hong Kong.
For marketing year (MY) 2024/25, Ukrainian farmers are forecast to increase area under all the major oilseeds except for sunflowers. However, regarding production volumes, this increase might be somewhat dampened by lower yields compared to the high levels of MY2023/24.