USDA Foreign Agricultural Service (FAS)’s Post

🔥Exports of Flour, Meal, And Starch Food Preparations Plummet to $59M in June 2023 in The Netherlands🔻 🇳🇱 The Netherlands has experienced a significant downturn in the exports of flour, meal, and starch food preparations! In June 2023, these exports sank to a mere $59M, raising concerns within the industry. 📉 💼 This unprecedented decline highlights the challenges faced by Dutch exporters in the food industry, who now need to adapt and strategize to revive their trade. The production and export of such essential food ingredients play a vital role in the global supply chain, making this decline a matter of broader significance. ⚙️ 📉 The situation calls for a closer look at the underlying factors contributing to this decline in exports. By analyzing market trends and consumer preferences, stakeholders can identify new growth opportunities and redirect their efforts accordingly. 📊 👀 The declining exports of flour, meal, and starch food preparations in The Netherlands urge industry players to innovate and diversify their product offerings. This will not only help them tap into new markets but also reduce dependency on traditional markets that may be experiencing a slowdown. 🌍 🌱 Investing in research and development, promoting sustainability, and embracing digitalization are some of the strategies that could help revitalize the sector. By harnessing technological advancements and incorporating sustainable practices, Dutch exporters can boost competitiveness and enhance their market position. ♻️💡 #exports #flour #meal #starchfoodpreparations #foodindustry #globalmarkets #markettrends #consumerpreferences #diversification #innovation #sustainability #R&D #digitalization #competitiveness #growthopportunities #globaltradegrowth #supplychain Note: This post does not contain any links. https://lnkd.in/dMj8-PSy

Reliable Supply of Goods During Tet Festival, Price Stability Ensured On February 16, 2024, the Ministry of Industry and Trade held an online conference to “Evaluate the industrial production situation, ensure Tet goods for the Lunar New Year 2024, and implement upcoming tasks.” The conference was organized immediately after Prime Minister Pham Minh Chinh issued Directive No. 06/CT-TTg on February 15, 2024, urging the implementation of key tasks after the Lunar New Year holiday in the Year of the Horse 2024. According to the report from the Local Industry and Trade Department (Ministry of Industry and Trade), in January 2024, industrial production witnessed a strong recovery of 18.3%, with astonishing export growth of 42%. The domestic market had abundant supply of various goods, and service revenue increased significantly. Minister of Industry and Trade Nguyen Hong Dien presided over the conference. With the aim of developing plans to serve Tet, proactively reviewing supply and demand of goods, and preparing sources and supply plans, the Ministry of Industry and Trade issued directives, official correspondence, and guidance documents to localities, corporations, companies, business associations, and relevant units to implement programs to stabilize the market, with a focus on ensuring stable supply of essential food with stable prices. In addition, the Ministry of Industry and Trade also implemented programs to connect supply and demand, bringing Vietnamese goods to rural, mountainous, and island areas; strengthening market inspection, control, and combating smuggling and commercial fraud; ensuring food safety, etc. In particular, the Ministry of Industry and Trade also worked with the Department of Industry and Trade of Hanoi and Ho Chi Minh City on Tet preparations in these localities. As a result, corporations, companies, and businesses have made plans for production, importation, and purchasing in full, increased reserves, and ensured supply to serve production, business, and consumer demand during Tet. Most corporations and companies have committed to providing sufficient goods to meet the consumer demand of the people, avoiding shortages or disruptions in the supply of goods. Tet goods focused mainly on essential items such as rice, livestock meat, poultry meat, eggs, sugar, cooking oil, processed food, dried agricultural products, cakes, candies, alcohol, beer, beverages, and petroleum. The supply of various goods was abundant, and prices remained stable. The expected value of the total amount of reservable goods supplied by businesses is estimated to increase by about 10-12% compared to regular months of the year. Forty-six provinces and cities have reported/planned to stock up and stabilize the market during the Lunar New Year of the Year of the Horse 2024. In terms of prices, in general, compared to the same period in 2023, the prices of various types of rice were higher by 5-15%, but there was no imbalance between supp...

“Looking ahead, market volatility and inflation, although slowly easing, will continue to be two key factors for this year” – Bord Bia - The Irish Food Board CEO Jim O’Toole. #food #foodindustry #foodindustryinsight #foodnews #foodbusiness #foodbusinessnews #foodbusinessowner #foodmanufacturing #foodanddrink #foodandbeverage #foodandbeverages #foodanddrinks #foodanddrinkindustry #foodprices #foodproducts #foodproduction #foodinflation #ireland #irish #irelandbusiness #ceo #ceolife #foodexport

Insights into a South African competition case re: fresh food markets, specific fruits and veg value chain tracking and high prices. South Africa's fresh produce sector is said to be worth ZAR 53 Billion. Interesting findings which should be critically considered by those of us working in #markets #foodsystems #governance #sme space in ZA and elsewhere

🔸Top Import Markets for Lamb and Sheep Meat🔸 Lamb and sheep meat have long been a culinary delight across the globe, enjoyed by countless individuals and integral to diverse cuisines. Today, we shed light on the top import markets for this delectable protein source, providing valuable insights for businesses looking to tap into these lucrative markets. #LambAndSheepMeat #GlobalCuisines #MeatIndustry #ImportMarkets 🇨🇳China: With its vast population and growing affluence, China stands as the leading import market for lamb and sheep meat. The Chinese appetite for high-quality protein has been the driving force behind the sustained demand for these products. #ChinaImportMarket #ChineseCuisine #ProteinDemand #LambExports 🇺🇸United States: Known for its love of diverse cuisines, the United States has emerged as a significant importer of lamb and sheep meat. The demand for premium cuts, as well as the vibrant lamb-focused culinary scene, make the U.S. a thriving market for this product. #USImportMarket #CulinaryDelight #PremiumCuts #LambCuisine 🇯🇵Japan: Renowned for its rich culinary traditions, Japan continues to embrace lamb and sheep meat in its gastronomic landscape. The growing popularity of ethnic foods, combined with an increase in gourmet dining experiences, has resulted in a surge in demand for these meats. #JapanImportMarket #CulinaryTraditions #GourmetDining #EthnicFoods 🇰🇷South Korea: South Korea shows a strong proclivity for imported lamb and sheep meat due to changing dietary preferences and the rise of international cuisine. The steady growth of restaurant chains specializing in lamb dishes has fueled the demand for high-quality imports. #SouthKoreaImportMarket #DietaryPreferences #InternationalCuisine #LambDishes 🇮🇹Italy: As a country renowned for its culinary excellence, Italy demonstrates a significant demand for lamb and sheep meat. The agriculture sector's focus on rearing high-quality breeds, combined with Italy's love for traditional Mediterranean dishes, creates a robust market for imports. #ItalyImportMarket #CulinaryExcellence #MediterraneanCuisine #HighQualityBreeds These import markets present tremendous opportunities for lamb and sheep meat exporters worldwide, offering a chance to tap into new consumer bases and expand business horizons. It is essential for businesses to stay informed about the evolving consumer preferences and market dynamics to succeed in these competitive import markets. #OpportunitiesForExporters #MarketInsights #BusinessExpansion #MeatExports https://lnkd.in/evCKX2RG

Top Import Markets for Canned Food Worldwide When it comes to canned food imports, some countries are leading the way. The top import markets for canned food worldwide include the United States, Germany, the United Kingdom, France, and Japan. These countries have a high demand for canned food products, ranging from fruits and vegetables to meat and seafood. #CannedFood #Imports #GlobalTrade #ExportMarkets #InternationalTrade #FoodIndustry #MarketAnalysis #EconomicTrends #TopImporters #TradeData #ConsumerTrends Stay informed about the latest trends and developments in the global canned food market with IndexBox. Our in-depth market analysis and trade data can help you make informed decisions and seize new business opportunities. #IndexBox #MarketIntelligence #DataAnalysis #BusinessInsights #MarketResearch #ImportStatistics #CannedGoods #TradeAnalysis #GlobalMarket #Insights Want to learn more about the top import markets for canned food? Visit our website for detailed reports and analysis on the global canned food industry. #FoodImports #MarketReports #IndustryInsights #TradeTrends #MarketForecasts #CannedFoodsAnalysis #InternationalMarkets #GlobalEconomy At IndexBox, we provide comprehensive and reliable data to help businesses navigate the complex landscape of international trade. Trust IndexBox for all your market intelligence needs. #DataProvider #MarketIntelligence #BusinessData #ResearchReports #EconomicAnalysis #GlobalTradeData #IndustryResearch #MarketTrends https://lnkd.in/dQyz8_hD