Browse Data and Analysis

The Caribbean Basin region continues to experience growth, driven primarily by the steady rise in tourism, which in turn impacts consumer demand.

In 2024, U.S. exports of agricultural and related products to Honduras totaled $1.3 billion, representing a 38.2 percent share of the market and a 1.3 percent increase over the previous year.

Ethiopia’s coffee production for marketing year 2025/26 is projected to reach 11.6 million 60-kg bags, supported by favorable weather, increased productivity from rejuvenated aging trees, and the use of improved inputs such as high-yielding seedlings.

Honduran coffee production is forecast to reach 5.52 million 60-kilogram bags in marketing year (MY) 2024/25 and rise to 5.80 million bags in MY 2025/26.

Post forecasts Ethiopia’s wheat production to reach 6.5 million metric tons (MT) in MY 2025/26, driven by improved yields and expanded irrigated farmland. In the same period, wheat imports are projected to decline by 24 percent to 1.3 million MT.

Sugar production and exports in Honduras are expected to increase in MY 2025/26, driven by higher yields, expanded harvest areas, and greater investment.

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.

Sugar production and exports are projected slightly up in marketing year (MY) 2025 (October 2024 to September 2025) because of the increase in productivity yields, harvested area, and additional investments made in the sugar sector and increased exports.

In February 2025, Ethiopia’s National Variety Release Committee (NVRC) approved the commercial release of three TELA maize hybrid varieties.

In 2023, the United States held a 29.1 percent share of the consumer-oriented food and beverage market in Honduras, a slight decrease of 1.3 percent from 2022.

Honduras has made no modifications to its existing regulatory framework regarding genetically engineered (GE) crops. As of October 2024, planted area of GE corn in Honduras has increased by 29 percent from the previous year, rising from 52,000 to 67,000 hectares. In 2024, the National Committee on Biotechnology and Biosecurity approved six events.

The National Plant, Animal Health and Food Safety Service (SENASA) is the regulatory agency in Honduras that is responsible for the inspection of all agricultural products that enter the country.