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- (-) January 2022
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Export rice prices increased 2-5 percent from the previous week.
FAS/Bangkok successfully negotiated with the Thai Food and Drug Administration to accept the Global Seafood Alliance’s Best Aquaculture Practices (BAP) seafood processing standard – Issue – 5.1 for U.S. seafood exports to Thailand.
Following the UK’s departure from the European Union (EU), Great Britain (GB) is now outside of the EU single market and customs union, while Northern Ireland (NI) remains within the EU single market and customs union.
Rice export prices increased 5-6 percent mainly due to the strengthening of the Thai baht and new inquires.
This report lists certificates required by Thai government agencies for U.S. products exported to Thailand, including fruit and vegetables, live animals, beef, canned or preserved meat and poultry products, other processed meat products, processed or frozen seafood, hides and skins, distillers dried grains, live animals, and any food that undergoes a production process (i.e., make, mix, prepare and re-packing).
UK demand for plant-based meat and dairy alternatives has boomed in recent years, doubling in value from 2016 to 2020 to around $1.6 billion at retail. Plant-based foods tend to sell strongest among young and urban consumers who believe eating less meat is healthier and more sustainable for the environment.
The United Kingdom (UK) is currently experiencing a significant outbreak of Highly Pathogenic Avian Influenza (HPAI). Having entered the UK via the wild migratory bird population in October 2021, it has now spread to commercial poultry flocks.
ASF outbreak was officially confirmed in Thailand on January 11, 2022. Swine production is expected to decline by 35-40 percent in 2022, causing an upward price pressure on pork meat which is expected to increase around 30 percent compared to 2021.
Export prices of most grades of rice decreased one percent as the Thai baht weakens.
Export prices of most grades of rice increased one percent due mainly to the strengthening of the Thai baht.