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- (-) January 2023
- (-) European Union
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The COVID-19 pandemic boosted organic food sales in the EU, enabling it to overtake the U.S. market in 2021. However, spiraling inflation combined with high food and energy prices will likely reduce organic food sales in most EU markets in 2022.
On December 6, 2022, the Council of the European Union and European Parliament concluded negotiations on the EU’s Deforestation-Free Supply Chain Regulation.
The economy of the Dominican Republic, which is the third-largest market for U.S. consumer-oriented products in the Western Hemisphere and the 15th globally for agricultural and related products, has bounced back due to the opening of the tourism, hotel, and restaurant sectors. During the first 10 months of 2022, the demand for consumer-oriented products increased over 20 percent from the same period last year.