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Ghana’s 2024 imports of foreign wine at $35.2 million are up nearly 3.5 percent from last year; heralding the Ghanaian economy's and its import market's recovery from the financial meltdown of 2022.
The FAS Accra, Abidjan (Post) Gulfood Dubai-2025 buyers delegation is generating some $16 million in potential new sales for the Coastal West Africa Region. Post led its largest buyers delegation to date from the Coastal West Africa region – 12 from Ghana, 10 from Côte d’Ivoire, and two from Togo.
The European Parliament took an initial step to open market access for beet and oilseed planting seeds from Ukraine. The EU approved cereal planting seeds from Ukraine in 2020.
In 2024, Israel's technologically advanced, market-oriented economy achieved an annual GDP of $541.8 billion, with a modest growth of 0.9 percent. The food retail industry saw significant activity, with sales reaching $21 billion in 2024 and a projected growth of 5 percent in 2025.
Continuing economic growth; increasing tourism; a healthy hotel, restaurant, and institutional sector; and a growing population will lead the UAE’s wheat and rice consumption to grow in the 2025-2026 marketing year (MY).
Unfavorable weather conditions in autumn 2024 resulted in decreased winter wheat area. Functioning maritime logistics in MY2023/24 and the first half of MY2024/25 kept shipping rates stable and have allowed Ukraine to quicky and cost efficiently export large volumes of commodities to distant markets.
FAS/Cairo (Post) forecasts Egypt’s soybean imports in marketing year (MY) 2025/26 (October – September) to increase by 5.0 percent from the previous marketing driven by a flexible exchange rate, the availability of forex and a more positive outlook for the livestock sectors.
FAS Accra (Post) forecasts Ghana’s MY 2025/2026 (July-June) wheat imports at 1.0 million metric tons (MMT), up five percent from the MY 2024/2025 estimate of 950,000 MT.
While small local grocers dominate the Egyptian retail market, representing more than 50 percent of sales by value, convenience and price will continue to drive the majority of Egyptian consumer buying decisions, presenting growth opportunities across all retail channels.
Post forecasts Ukrainian farmers will maintain similar areas under oilseed production for marketing year (MY) 2025/26 as compared to the previous MY; however, Post forecasts the split among individual oilseeds will differ.
Ukraine took the first step to gain access to the Chinese market for peas by establishing a phytosanitary protocol.
Ghana’s imports of food processing ingredients surpassed $1.24 billion in 2024, up 44 percent from $857 million in 2023.