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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.
A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.
Post forecasts Mexico’s sugar production at 5.4 million metric tons raw value (MMT-RV) for marketing year (MY) 2025/26 (October 1 – September 30), 6 percent higher than the estimate for MY 2024/25. The increased production forecast is based on seasonal rains in several sugarcane-producing states during MY 2024/25 and an expected recovery of the planted area in MY 2025/26.
Australia’s sugar production is forecast to decline to 3.8 million metric tons (MMT) in marketing year (MY) 2025/26, down from an estimated 3.85 MMT in MY 2024/25, marking the lowest level of production in over a decade.
Mexico's Special Tax on Production and Services (IEPS) is applied to both domestically produced and imported alcoholic beverages.
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.
Mexico's marketing year 2024/25 bean production is 41 percent higher than the record low of the previous year based on increased planted area. However, challenges persist such as adverse weather, limited access to quality seeds, and security issues in key production areas.
Mexico's gross domestic product (GDP) surpassed $1.8 trillion in 2024. The economy continues to grow, and it is driven by population growth, consumer demand for convenience, premium, and health-conscious products.
Ghana’s imports of food processing ingredients surpassed $1.24 billion in 2024, up 44 percent from $857 million in 2023.
In the marketing year (MY) 2025/2026, Mexico is forecast to increase its oilseed crush due to rising demand for vegetable oil and animal feed.
Australian oilseed production, dominated by canola, is expected to be strong for the fifth consecutive season during the marketing year (MY) 2025/26.