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For every five people in Brazil, there are four pets. Despite challenging economic scenario, the pet food industry – which encompasses pet food, pet accessories, and pet medication – continues to expand, making Brazil the third-largest fastest growing pet industry market in the world.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: New York Wines Uncork Potential in Hong Kong; Over One Million Hong Kong Cross-border Trips Over Festival Weekend; InvestHK's Seminar Tells Foreign Investors About F&B Opportunities In GBA Via Hong Kong; Hong Kong To Consider More High-speed Sleeper Trains to Beijing, Shanghai...
The Brazilian orange crop for Marketing Year (MY) 2023/24 is forecast at 378 million 90-pound boxes (MBx) - standard reference, equivalent to 15.42 million metric tons (MMT), a decrease of 7.3 percent compared to previous Post estimate (408 million boxes or 16.5 MMT), primarily due to poor weather conditions that culminated in a more severe drought, as well as impacts from greening.
A batch of U.S. frozen confectionary was almost rejected at Hong Kong’s port of entry due to an erroneously formatted health certificate.
During the past few years, the landscape for U.S. renewable diesel production has drastically changed, akin to the growth of ethanol and biodiesel during the past two decades. Driven by federal and state policies aimed at reducing emissions, this dramatic U.S. renewable diesel production and capacity growth is causing significant, market-altering shifts both domestically and to foreign feedstock trade.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: U.S. Vinters Develop Asian Markets In Earnest; Hong Kong’s First Quarter GDP Expands 2.7 Percent; Unemployment Rate Stays at 3 Percent; Expanded Hong Kong Solo Travel Scheme Will Bring Extra Tourists; Macau’s Economic Output Expected to Return to Pre-Pandemic Levels in 2025...
Brazil’s total coffee production for marketing year 2024/25 (July-June) is forecast at 69.9 million bags (60 kilograms per bag), green bean equivalent, a 5.4 percent increase over the previous crop year.