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This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.
The food retail sector in Slovakia is consolidated, price sensitive, and competitive. The Slovak market is experiencing a boom in internet shopping for all food categories.
The Cayman Islands tourism industry has experienced tremendous growth during the past several years.
The Bahamas is the second largest market for U.S. consumer-oriented products in the Caribbean.
U.S. exports of consumer-oriented products to Aruba reached an all-time high of $74 million in 2016 and are on pace to reach another record level in 2017.
U.S. exports of consumer-oriented products to Trinidad and Tobago have experienced ten percent average annual growth over the past five years, reaching an all-time-high of $237.7 million in 2015.
Slovakia was one of the fastest-growing economies among the EU Member States in 2015, recording a three percent increase in GDP.
As a result of the improved economic situation in Slovakia in 2015, increased consumer purchasing power and declining unemployment rate, sales in the grocery retail market also increased.
Slovakia took over its first ever European Union (EU) Council Presidency on July 1, 2016.
The Food Marketing Consultants, Inc. with the help of FAS and its partner commodity organizations, penetrated seven Caribbean markets and tripled its exports sales...
Round 10 of T-TIP Negotiations Held in Brussels July 12-17, 2015 ... Opposition at Council over GMO Proposal ... Hogan Speaks at Expo Milan – Agri-Food Chain Coalition Event ...