Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Happy hour in Hong Kong as government lowers duty on distilled spirits; ATO Hong Kong showcases U.S. ingredients with Golden Week mooncake promotion; mainland visitors give a boost to Hong Kong and Macau during Golden Week; Fine dining goes casual to woo customers; Hong Kong health products and popcorn retail outlets close shop in challenging market.
FAS New Delhi forecasts India's total milk production in 2025 to rise to 216.5 MMT, attributable to the growing herd size of animals in milk, increased government support for the dairy sector, the expected continuation of good weather, high milk prices, and an absence of a major disease outbreak. The forecasted growth in milk supply is expected to boost production of butter and nonfat dry milk (skim milk powder). Post forecasts these products to reach 7.2 MMT and 0.8 MMT, respectively. Demand-side factors including growing population, rising disposable income, and other physical factors are advancing the domestic consumption of fluid milk, butter, and SMP, which are forecasted to reach 91 MMT, 7.1 MMT, and 0.8 MMT, respectively. While fluid milk and butter exports are forecasted to rise to 0.03 MMT and 0.06 MMT, SMP exports are expected to remain largely unchanged.
On October 27, 2022, FAS Jakarta published a report summarizing the Directorate General of Livestock and Animal Health Service's (DGLAHS)'s new requirements for importers to register fresh food of animal origin and obtain the resulting distribution license. Since DGLAHS has recently begun to enforce these requirements, importers are now asking U.S. exporters to provide a certificate of analysis (CoA) for at least one of the required testing parameters every six months. This report is based on our assessment of information gathered from DGLAHS and local industry to help U.S. exporters comply with the CoA requirements. U.S. exporters should endeavor to meet this requirement as soon as possible to avoid jeopardizing their sales to Indonesia. Since these requirements primarily impact U.S. beef exports, this report is focused accordingly. Please note that this guidance is based on information gathered informally and may be subject to change.
Kazakh farmers are finishing harvest, having dealt with rains in early September and cold night temperatures in October that reduced overall quality but only marginally affected quantity. Kazakhstan's estimated wheat production is unchanged at 15.8 million tons in marketing year (MY) 2024/2025. Wheat exports are reduced to 9.0 million tons because of the on ongoing trade spat between Russia and Kazakhstan that has threatened Kazakh traders ability to export via Russia. Barley production is unchanged, estimated at 3.4 million tons and exports are likewise unchanged at 1.6 million tons. Most barley is being exported to other Central Asian countries or China and is more resilient to the ongoing trade issues with Russia.
On October 4, 2024, the Philippine Department of Agriculture amended Department Order No. 16 (2024), removing mechanically deboned or separated meat of chicken (HS Code 0207.14.91) from the list of agricultural products subjected to a price-based special safeguard (SSG) measure. The revised Department Order requests the Bureau of Customs to continue imposing the price-based SSG on 12 agricultural tariff lines.
FAS/Seoul forecasts Korea's 2025 milk production to decrease to 1.92 million tons. Korean milk production continues to decline in line with industry contraction and demographic-driven consumption declines. FAS/Seoul forecasts 2025 cheese imports to increase to 150,000 tons as Korean demand for cheese continues a steady upward trend and consumers become increasingly interested in dairy products as a protein source. FAS/Seoul forecasts 2025 nonfat dry milk consumption to remain stable at 20,000 tons.
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