Browse Data and Analysis

On August 2-4, 2023, the World Apple and Pear Association (WAPA) presented the 2023 EU apple and pear crop forecast at the 48th edition of the Prognosfruit convention.

In MY 2023/24, EU production of peaches and nectarines is estimated to amount to 3.6 million MT while cherry production is anticipated to amount to 657,435 MT.

Turkiye announced a three-month export ban on olive oil in bulk and in barrels due to the shortage of olive oil production in Mediterranean countries and subsequent negative effects on domestic prices.

In 2022, EU wood pellet consumption hit a new record of 24.8 million metric tons (MMT) mainly due to increased residential use.

The total cherry production forecast in Türkiye in Marketing Year (MY) 2023/24 is 900,000 metric tons (MT), which is 8 percent higher than MY 2022/23, due to favorable weather and soil conditions.

The Canadian hemp sector continues to be driven by the food and nutrition markets, despite the 2018 regulatory changes that legalized recreational cannabis, and opened the potential for new markets for hemp-extracted cannabinoids.

Turkey announced a three-month export ban on olive oil in bulk and in barrels due to the shortage of olive oil production in Mediterranean countries and subsequent negative effects on domestic prices.

Canada’s Clean Fuel Regulation (CFR) became law on July 6, 2022. It aims to reduce the carbon intensity of liquid transportation fuels and has the potential to increase the use of low carbon-intensity diesel by an additional 2.2 billion liters and the use of ethanol by an additional 700 million liters by 2030 under the CFR, according to the federal government.

With the gradual lifting of the lockdowns, and recovering economies, consumption of bioethanol and biobased diesel (BBD) are estimated to have increased by respectively 6.1 percent and 0.6 percent in 2022.

On July 5, 2023, the European Commission (EC) adopted a new proposal to regulate plants obtained by certain new genomic techniques (NGTs) and their use for food and feed.

The United Kingdom (UK) and member states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed the agreement to join the CPTPP in July 2023.

U.S. exporters of vanilla extract are advised not to ship product to the European Union until further notice.