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- (-) July 2022
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In 2022, Indonesia maintained its biodiesel blending mandate at 30 percent and raised its biodiesel allocation volume to a record 10.1 billion liters on expected increased economic activity and mobility following eased pandemic-related restrictions. The export levy that funds the subsidies underwriting the biodiesel mandate program was adjusted to also subsidize cooking oil prices which have surged since late 2021.
Israel is a net importer of all major categories of food products. The United States is the top leading supplier of imported consumer-oriented agricultural products to Israel with a total of $384 million in 2020. The Israel food retail sector was estimated at $12.8 billion in 2021.
Wheat imports for 2021/22 are revised upward to 11.2 million metric tons (MMT) from the previous estimate of 11.0 MMT, reflecting recovering demand for flour-based foods. In line with increased imports, food, seed, and industry (FSI) wheat consumption is also revised up 2.2 percent to 9.1 MMT of wheat equivalent.
In 2021, the total value of all food and beverage retail sales in Indonesia totaled $72 billion, a 12 percent decrease from the previous year due to COVID-19 pandemic social distancing measures. Traditional markets still dominate the retail food and beverage sector, accounting for 76 percent of market share, although they continue to lose market share to modern retail stores and e-commerce.