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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.
In 2024, the United States retained its position as the leading exporter of agricultural and related products to Jamaica, exporting approximately $650 million in bulk, intermediate, and consumer-oriented goods.
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.
Production for Jamaica sugar is projected to fall to 33,000 metric tons (MT) for marketing year (MY) October 2025 to September 2026, consistent with the ongoing downward trend observed in the industry.
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.
Jamaica’s pork market is valued at an estimated $40 million per year. While domestic production meets household and retail demand, it falls short of supplying the total market.
The hotel, restaurant, and institutional (HRI) sector in Jamaica continues to thrive, driven by a rapidly expanding tourism sector. In 2023, global agricultural exports to Jamaica slightly exceeded $1 billion with the United States supplying $606 million of that total.
The hospitality industry in Spain continues to grow, driven by the surge in international visitors. Spain, already the world's second most-visited country behind France, is on track to have a record-breaking number of tourists in 2024, with estimates...
In Spain, wine is an important part of the economy, society, landscape, culture and gastronomy. Spain boasts the world’s largest vine area and is the third largest wine producer in the European Union (EU), after France and Italy.