Browse Data and Analysis

With more than 83 million of the world’s wealthiest consumers, Germany is the largest market for food and agricultural products in the European Union.

India’s hotel, restaurant and institutional (HRI) sector is set to thrive in 2023, after facing three years of downfall due to COVID-19 pandemic restrictions.

In 2021 (latest data available), sales of the HRI food service sector reached 150.76 trillion KRW (131.7 billion USD), an increase of 7.77 percent from 2020 and an increase of 4.41 percent from 2019.

Morocco’s hotel, restaurant, and institutional sector consistently improved its strength in 2023, reflected in the surge of tourist arrivals.

FAS/Tokyo estimates lower MY2023/24 rice production in Japan as extremely high temperatures and little rain are expected to lower yield and quality.

On July 20, 2023, the India’s Ministry of Commerce and Industry (MoCI)/Directorate General of Foreign Trade issued Notification No. 20/2023 – Amendment in Export Policy of Non-basmati Rice under Harmonized System (HS) Code 1006.30.90.

On August 2-4, 2023, the World Apple and Pear Association (WAPA) presented the 2023 EU apple and pear crop forecast at the 48th edition of the Prognosfruit convention.

Post lowered MY2023/24 rice production estimate to 19.6 MMT due to water supply concerns.

In July, Vietnam's rice exports surged to 656,869 tons, with its primary export markets being the Philippines, Indonesia, Ivory Coast, Ghana, and China. Notably, shipments to the Philippines soared to 239,400 tons, marking a 45% spike from the previous month and securing a 36% share of the export market.

Marketing year (MY) 23/24 cotton production is lowered to 5.9 million metric tons (MMT) on reduced planted area and raised for MY 22/23 to 6.68 MMT on higher planted area and reported volumes of classified Xinjiang cotton.

Post forecasts marketing year 2023/24 production at 1.1 million 480-bales, a 30 percent decline compared to the previous year due to higher input costs and lack of access to new genetically engineered seed varieties.

In MY 2023/24, EU production of peaches and nectarines is estimated to amount to 3.6 million MT while cherry production is anticipated to amount to 657,435 MT.