Browse Data and Analysis

FAS/Managua projects MY 2025/26 sugar production to reach 840,000 metric tons, up ten percent from MY 2024/25, assuming a more balanced rainy season and an increase in sugarcane plantations.

In 2024, Portugal imported $413 million worth of agricultural, fish, and forestry products from the United States, up 40 percent compared to the previous year.

Total Saudi wheat imports for 2025/26 are forecast to decline 10 percent to 3.2 million metric tons (MMT), due to projected high local production. Saudi barley imports for MY 2025/26 are projected to increase by 10 percent to 3.3 MMT compared to last MY.

This report describes the agricultural biotechnology sector in Portugal, covering production and trade, policy, and marketing aspects. It includes topics related to plant, animal, and microbial biotechnology.

The HRI sector is witnessing remarkable growth, fueled by urbanization, a surging population, rising disposable incomes, shifting social and cultural trends, and a thriving tourism industry. The Saudi food retail market, currently valued at $30 billion, is projected to grow by another $15 billion by 2030.

The ongoing transformation of Saudi Arabia bodes well for the retail food sector. In 2023, the Saudi food retail market was estimated at more than $51 billion and projected to increase by more than 5 percent annually in the coming years due to the continued urbanization, growing population, changing shopping habits, expansion of physical store locations , and increasing popularity of online platforms.

Record-high remittances continue to boost consumer spending in 2024. U.S. agricultural exports to Nicaragua through September 2024 are up four percent compared to the same period in 2023.

The Kingdom of Saudi Arabia’s (KSA) regulations allow the importation of biotech plant products, but they are required to be labeled if they contain more than one percent genetically engineered (GE) plant ingredients. As a result, many retail packaged food importers do not import biotech foods due to concerns that biotech labeling could jeopardize their image.

In June 2024, the Nicaraguan Institute of Agricultural Protection and Health (IPSA) issued an executive resolution to strengthen the risk mitigation measures for the monitoring and testing of GE grains.

Total Saudi wheat imports for 2024/25 are forecast to reach 4.25 MMT, an increase of 2 percent over marketing year (MY) 2023/24.

In 2023, Portuguese imports of agriculture, fish and forest products from the United States reached $294 million, two percent higher than previous year.

Consumer trends in Nicaragua are shifting towards modern retail channels as remittance flows increase. Supermarkets are expanding rapidly, with one grocery store chain opening eight new locations in 2024.