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For the past decade, Chile’s planted cherry area maintained steady growth, due to its profitability. There is a high demand for Chilean cherries from the Chinese market, which receives over 91 percent of Chilean cherry export volume.

On July 4, 2024, the Indonesian Quarantine Agency (IQA) notified the World Trade Organization (WTO) of their plans to issue a new regulation regarding Quarantine Documents and Seals under notification number G/SPS/N/IDN/149.

Indonesia palm oil exports are estimated to decline to 26.5 million metric tons (MMT) in 2023/24 on lower output and weaker demand from key destination markets. Post revised down 2023/24 palm oil production to 45.6 MMT as 2023’s El Nino led to much lower yields than previously anticipated.

Chilean raisins are almost exclusively produced from grapes deemed unsuitable for the export market at vineyards focused on fresh table grape production for export. In marketing year (MY) 2024/25, Post estimates that due to low area planted, raisin production will total 68,900 metric tons (MT), a 6.9 percent decrease from MY 2023/24.

Driven mainly by higher demand from feed mills, higher consumption of flour-based food during the consecutive religious festivities and general election, as well as demand for alternative staples cheaper than rice and trending flour-based foods, Indonesian wheat imports in 2023/24 are estimated to break record levels at 12.6 million metric tons (MMT).