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Brazil Cold Chain Logistics Market Growth

October 4, 2023 0Comments 195Views

Brazil’s Cold Chain Logistics Market To Grow $3.92 Billion By 2028

Brazil’s cold chain logistics market is growing steadily due to increasing demand for fresh and frozen food products, pharmaceuticals, and other perishable goods. Companies adopt cold chain logistics services to maintain product quality and safety of products throughout the supply chain. Meat and pharmaceutical industries are key drivers for the cold chain logistics market in Brazil. Brazil’s cold chain logistics market has been significantly growing thanks to the high demand for cold chain facilities for the storage and transportation of meat, grocery products, and fast-food items. The growing pharmaceutical industry is also playing a tremendous role. Brazil’s cold chain logistics market size is expected to grow from USD 2.43 billion in 2023 to USD 3.92 billion by 2028. Brazil is

September 12, 2023 0Comments 219Views

Peru’s Fruit Exports Increase in First Half of 2023

Peru’s fruit exports reached USD 1044 million during Jan-Jul 2023 compared to USD 948 million recorded in the same period of 2022. In the complete year 2022, Peru exported fruits worth USD 1551 million. Fresh grapes, blueberries, avocadoes, and mangoes are the most exported fruits. Peru is the world’s largest exporter of blueberries. Quarter-wise, Peru’s fruit exports reached USD 954 million in Q1 of 2023, a rise from USD 861 million in the same quarter of 2022. Here is a picture of Peru’s fruit export market. Quarter-wise Analysis of Peru’s Fruit Exports Peru’s fruit exports totaled USD 861 million in Q1 of 2022 which increased to USD 954 million in Q1 of 2023. In the last quarters, the lowest value

August 10, 2023 0Comments 211Views

America’s Pork Market Expands Boundaries Into Mexico Food Sector

America’s pork market is expanding its boundaries by entering into the Mexican food market. The US Market Export Federation (USMEF) has shared its views on strengthening the US pork industry in the retail and food service sector of Mexico and benchmarking its top quality. Under the marketing program named “American Pure Pork”, the USA is aiming to enhance and provide a “pure” level of quality in pork to Mexican consumers to increase sales and retain a long-term position in the Mexican market, considering both of them are close trading partners. Mexico’s Pork Demand – Historical and Current The demand for pork in the Mexican market can be understood through the trade data of Mexico, consisting of both the historical and

Germany Inflation Rising Again, Impacted Exports

July 24, 2023 0Comments 192Views

Germany Inflation On Rise Again; Weaker Economy, Exports Down

Germany inflation is on the rise again this year and has led to the downfall of the economy. The declining economy of Europe’s largest economy has resulted in the market downfall and higher prices of most consumer goods. Consumer goods such as dairy products, confectionary such as jam and bread, and fresh produce such as vegetables are affected by the inflation in Germany. So far, food prices have increased by 13.7% for the month of June compared to the previous year. Energy Prices Due To Invasion The Russian invasion of Ukraine took place on 24 February 2022 and marked the beginning of the withdrawal of Russian products. Not only the departure of commodities for imports, but Western nations also started

July 19, 2023 0Comments 190Views

Peru’s Copper Exports Rose in Q1 of 2023 from Q1 of 2022

Peru’s copper exports totalled USD 845 million in Q1 of 2023, an increase from the same quarter of 2022 Copper under heading 7403 was exported the most in 2022 China and the United States were the top export destinations of Peru’s copper Peru’s copper exports totaled USD 3375 million in 2022, and USD 845 million in Q1 of 2023. Peru accounts for 11% of global production. China and the United States are the top export destinations of Peru’s copper with a total value recorded at USD 1511 million and USD 664 million respectively in 2022. Quarterly speaking, Peru’s copper export market saw fluctuations in the value of shipments from Q1 of 2022 to Q1 of 2023. Have a thorough analysis

July 14, 2023 0Comments 244Views

How China’s Metal Export Restrictions Can Impact Global Countries?

China’s metal market is a wide, significant and dynamic industry in the world. The more China produce the base metals, the double it consumes, leaving way for not only exports of these commodities but also inviting imports from other countries. Since the pandemic, countries, including China, are constantly putting efforts into rebounding their economy. However, the rising inflation rate and sluggish growth rate in production units have made it difficult for countries to produce enough volumes for bilateral trade and fulfilling consumer demand in the local market. Such is the case with China’s metal and its exports. Base Metals Prices Declined In the first quarter of 2023, the market prices of base metals such as aluminium and copper surged due

UK Supply Chain Disturbance For Fresh Produce Traders

July 13, 2023 0Comments 170Views

UK Traders Worry Over Costly “Fresh Produce” Imports From The EU

In a recent set of events, UK traders are worrying about the new strategy of the UK government. The latest UK post-Brexit border strategy is known as the target operating model (TOM). The new strategy proposal includes an additional levy on the import checks procedures. Due to the new border strategy by the UK government, UK traders, specifically from the “Fresh Produce Industry” are in the process of countering the by-product consequences of the levied charges. Imports of fresh produce include such as fruits, vegetables, cut flowers and plants. UK Fresh Produces Import The below-shown list of commodities consists of the fresh produces that the UK import from other countries. The featured values are the imports the UK accounted for

Germany-China Bilateral Trade High Rising Values

June 2, 2023 0Comments 479Views

Germany-China Bilateral Trade Surge; Import Up 14%, Exports Down

Germany-China bilateral trade has been on an upward trend and is growing frequently each year. The year 2022 registered high values for imports increased, showing favourable signs of further growth, while exports between China and Germany declined. So far, Chinese imports and exports have ranked among the top 5 values in terms of trading with Germany in the year 2022. The growth values of other countries are much higher than China, but focusing on China’s trade with Germany, here is what trade statistics show. Germany’s Trade With China – Historically Germany’s trade with China is shown in the graphical representation of historical data below. The time range for the values of imports and exports in bilateral trade between Germany and

May 30, 2023 0Comments 205Views

China’s Trade Surplus Has Widened From $686B In 2021 To $877B In 2022

China’s trade has increased significantly over the past years, especially after the pandemic-ridden time in 2020. Amidst the different dynamics of the global economy and multilateral trade, various factors have contributed to a high rise in China’s trade values. The global trade activities rebounded in 2021, followed by the increased production of electronics, automobiles, and more products, inflated rates of consumer products, shortage of commodities, and the Russian invasion of Ukraine, China’s values have only increased throughout. Have a look at how much Chinese imports and exports have grown so far. China’s Historical Imports-Exports China’s imports have diminished in the years after 2018 which amounted to $2.13 trillion. In 2019, the imports amounted to $2.06 trillion, followed by $2.05 in