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In marketing year (MY) 2022/23, Colombia's sugar production is forecast to remain unchanged at 2.3 million metric tons (MT). Although weather conditions are expected to return to normal, crop productivity could be affected by lower fertilizer use due to rising prices.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
Germany is an important fish and seafood market for U.S. in Europe exporters. The growing demand for high-quality fish and seafood offers opportunities for U.S. suppliers especially with the partial resumption of shellfish trade in 2022.
Colombia is a net importer of many agricultural products and cannot produce the raw materials and ingredients to meet the growing demand of the food and beverage processing industry.
Following stagnation in 2020 and decline in 2021, the German food processing industry still cannot catch up with the growth dynamics of pre-pandemic period. According to BVE initial estimates, total sales of US$201.3 billion were generated across all sub-sectors in 2021, which is 1.6 percent lower than the previous year.