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Despite the lower area anticipated, ample spring precipitations are expected to increase fodder yields in MY 2025/26.
The Caribbean Basin region continues to experience growth, driven primarily by the steady rise in tourism, which in turn impacts consumer demand.
Abundant precipitation and mild temperatures prevailing since the beginning of March have favored winter grain crop development and increased yield expectations.
Spain is one of the world’s largest markets for fish and seafood. In 2024, it was the fourth largest importer of fish and seafood in the world - after much larger countries like the United States, China, and Japan.
This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.
In 2024, Spain imported $2.2 billion worth of agricultural, seafood and forest products from the United States. Following significant efforts to recover from the COVID-19 crisis, companies are once again facing a challenging environment that includes high production costs and economic and political uncertainties.