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Milk, cheese, and butter production in 2024 are forecast to increase due to relatively lower input and dairy ingredient prices and strong domestic demand. Mexico is forecast to remain a net importer of skim milk powder due to competitive...
Brazil's dairy industry has recently undergone considerable changes to both production and structure of the industry. The change in the dairy sector is the result of Brazilian producers being discontent with the high level of competition from...
In marketing year (MY) 2023, milk price is experiencing an increasing trend due to the low milk supply and high demand for dairy. In Chile, most processing plants produce fluid milk and cheese, very few produce yoghurt, whey, condensed milk, or other value-added dairy products.
Brazil’s Executive Management Committee (Gecex) of the Foreign Trade Chamber (Camex) increased import tariffs for three dairy products and reversed the unilateral 10% reduction in the Common External Tariff (CET) for 29 other dairy products.
The Costa Rican retail sector continues to grow with an increasing number of modern supermarkets stocking a growing range of imported products.
Honduras is the twenty-seventh most important export destination for consumer goods from the United States. Honduras' imports for fiscal year 2022 was $522.6 million, ranking second only to Guatemala in Central America and sixth in the Americas.
Canada is the largest overseas market for U.S. high-value, consumer-oriented products, with exports reaching nearly $19.7 billion in 2022 – representing 24 percent of the total value of U.S. consumer-oriented exports worldwide, more than doubling the value of the next largest market.
Sales in the Caribbean retail grocery sector decreased by 1.7 percent in 2022, primarily as the result of closing retail outlets in the French West Indies.
In 2022, the Chilean retail food industry witnessed a robust recovery, with total sales reaching approximately $29.5 billion, a 20.9 percent over 2021. Supermarkets and grocery stores remained the primary retail channels for food products, accounting for around 55.5 percent of the market share.
Colombia is the main market for U.S. consumer-oriented products in South America. In 2022, U.S. consumer-oriented exports to Colombia reached a record $877 million.
The Dominican Republic (DR) continues to list as one of the fastest growing and most dynamic economies in Latin America and the Caribbean. In 2022, U.S. agricultural exports totaled nearly $2.2 billion, an all-time record, powered by strong demand for consumer-oriented products. The
U.S. Consumer Oriented products continue to feature prominently in Salvadoran retail outlets, registering a new record-high of $281.5 million of imports in 2022.