Browse Data and Analysis

This report provides an overview of the biofuel use mandates in EU-27 member states, including temporary changes to alleviate inflationary pressure stemming from Russia’s invasion in Ukraine. It supplements the EU Biofuels Annual Report for 2024.

On June 20, 2024, President Ferdinand Marcos Jr. issued Executive Order No. 62 (EO 62) modifying the import duty rates of various commodities. EO 62 provides a multi-year comprehensive tariff schedule and applies to commodities subject to the Most Favored Nation (MFN) rates.

Fueled by Filipinos' fondness for food indulgences, rising disposable incomes, and increasing urbanization, the $1.2 billion confectionery and ice cream market is expected to see robust growth of eight percent annually through 2028.

In MY 2023/24, a reduction was registered in EU orange and mandarin production, while a larger lemon and grapefruit output was obtained.

On December 7, 2023, the European Commission adopted a proposal for a new Regulation on the protection of animals during transport to replace Council Regulation (EC) No 1/2005.