Browse Data and Analysis

On November 4, 2024, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of 58 seed production and operational licenses, including 13 genetically engineered (GE) corn seed production and operational licenses.

Singapore’s hotel, restaurant, and institutional (HRI) sector is vibrant, dynamic and highly competitive with sales totaling $9.4 billion USD in 2023. Consumption patterns are mainly driven by convenience, technology, and changing demographics, health and international food trends with a focus on sustainability and influences by social media (Facebook and Instagram).

On October 28, 2024, the State Administration for Market Regulation (SAMR) published the revised mandatory national standard “General Directive for the Labeling of Agricultural Seeds”, which will come into effect on October 1, 2025.

China’s raisin production is forecast to decline by 11 percent to 170,000 metric tons (MT) in Marketing Year (MY) 2024/25 because of lower grape production in Turpan in Xinjiang Province where persistent heat has affected pollination.

In 2024, China’s pet (dog and cat) consumer market reached $41.9 billion (302 billion yuan), an increase of 7.5 percent compared with 2023. Despite the economic headwinds faced by Chinese consumers, China’s pet consumer market demonstrated resilience and steady growth following a 10-year period of rapid growth.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong showcases U.S. wine and spirits and draws a crowd at the Hong Kong International Wine and Spirits Fair; ATO Hong Kong takes to the sea to promote U.S. artisanal cheese and New York wine...

Indonesia’s 2024/25 wheat imports are forecast to decline 8 percent from 2023/24, when higher demand from feed mills, consumption of wheat flour-based food from major events in early 2024, and demand for cheaper alternatives to rice drove wheat imports up to new record highs.

In 2023, Taiwan's Hotel, Restaurant, and Institutional (HRI) industry reached a record sales figure of one trillion Taiwanese dollars, equivalent to around 30.9 billion U.S. dollars.

Indonesia’s B40 biodiesel blending mandate program, which is expected to roll out in 2025, is projected to increase palm oil use by 3 percent to 22 million metric tons in 2024/25. Soybean consumption recovered in 2023/24 as soybean retail prices continue to decrease.

Rising coffee prices have motivated farmers to increase investments in coffee farming, helping recovery from the early summer drought this year and reducing harvest and post-harvest loss.

Export prices rose from the previous week due to the strengthening of the Thai baht and demand for new-crop rice supplies ahead of the holidays.

On November 5-10, ATO Shanghai organized the American Food and Agriculture Pavilion at the China International Import Expo (CIIE), the world’s largest expo for imported products. This was the second time for ATO to organize this pavilion with the American Chamber of Commerce in Shanghai.