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- (-) Processed Food Products
- (-) March 2024
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The food processing industry represents the fourth-largest industry in Germany. According to the Federation of German Food and Drink Industries (BEV) estimates, Germany produced $238.9 (€ 218.5) billion of processed food and drinks in 2022.
The UK food ingredients sector is a thriving and competitive market, driven by changing consumer demands, technological advancements, and an emphasis on quality and safety.
In 2023, Portugal imported $293 million worth of agricultural, fish, and forestry products from the United States. Outside the European Union Member States, the United States was the third main origin of Portuguese agricultural and related imports.
In 2023, Spain imported $2.2 billion worth of agricultural, seafood and forest products from the United States, up 3 percent compared to the previous year. Even though inflation rates declined in 2023 as compared to the record highs registered in 2022, they remained higher compared to pre-pandemic levels.