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Since March 25, 2024, the Government of Israel has notified the World Trade Organization’s (WTO) Committee on Technical Barriers to Trade (TBT) several times on regulatory proposals related to European Standards.
Sugar production in marketing year (MY) 24 is estimated at 787,000 metric tons (MT), while production for MY23 reached 765,000 MT. Continued international prices have eased the financial burden exerted by the high cost of inputs on the sugar sector.
FAS/Tel Aviv (Post) forecasts Israel’s marketing year (MY) 2024/45 wheat imports to increase due a decline in domestic production, a need to increase stocks because of the Israel-Hamas conflict, as well as lower international grain prices.