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- (-) January 2024
- (-) Africa (Sub-Sahara)
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Rice export prices increased 1-2 percent as exporters continued to secure rice supplies ahead of the Lunar New Year and Ramadan despite a further weakening of the Thai baht.
The Thai Food and Drug Administration (TFDA) recently clarified its requirements for copies of export certificates accompanying U.S.-origin imported foods, including fresh fruit and vegetables shipments, into Thailand.
Corn production in South Africa is off to a reasonable start in marketing year 2023/24 after decent rainfall was recorded over most of the corn-producing areas.
Rice export prices increased 1-2 percent despite the weakening of the Thai baht.
Export rice prices grew one percent despite the weakening of the Thai baht, as exporters secured rice supplies to fulfill contracted shipments to ASEAN countries.
U.S. wine, poultry, rice, and beef are gaining in popularity as the Ghanaian HRI industry looks to expand their offerings to attract more hi-end business.
Export price quotations are not available this week due to the New Year’s holiday.
Senegal will begin oil and gas production in 2024 which is expected to be a major factor in strong economic growth going forward. Increased purchasing power, in combination with population growth, increasing urbanization, and an expanding middle-and-upper class, should provide new opportunities for U.S. suppliers to enter the market.
This guide serves as a resource for U.S. companies seeking to do business in Thailand and provides market overviews, practical tips and information on local business practices, consumer preferences, and trends.
Post forecasts 2024 imports will be fall by 4.5 percent to 210,000 metric tons (MT). Since the presidential elections in 2022, Angolan chicken meat imports have been decreasing due to devaluation of the Angolan currency (kwanza) and growing food price inflation.
Kenya’s consumer-oriented food imports increased 9 percent to $529 million in 2022. This increase was fueled by a positive economic recovery from COVID-19-related disruptions, a sound macroeconomic environment, and a shift in consumer preferences towards convenience, variety, and international cuisines.
South Africa is an important market for agricultural products from the United States. The country is a favorable site for enterprises due to its developing market, which facilitates the effective transportation of both imported and domestically produced agricultural products to major urban centers and the greater Southern Africa region.