FAS Daily
Attache Report Digest
August
03, 2004
FAS Daily
Attache Report Digest
Snack Foods Industry
THAILAND, August 3, 2004 -- Thailand's snack foods market
is currently one of the largest and most diverse in the
Asia-Pacific region, with an estimated value of $280 million
and over 2,000 competing brands. Asian style snacks account
for 75% of the market and Western style snacks have become
more popular in recent years, accounting for the remaining 25%
of the market. The market has been growing consistently while
consumers taste and preferences are constantly changing and
becoming increasingly sophisticated. Resulting in sales
opportunities for U.S. exporters in the following market
segments: potato chips, extruded snacks, fish snacks, prawn
crackers, and peas and nuts. The main factors driving
consumers purchasing decisions include: taste and favor,
price, and healthy snacks.
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Country Report
INDIA, August 3, 2004 -- *Updated on August 1, 2004*. *All
sections updated*. *Plant Quarantine (Regulation of Import
into India) Order, 2003, with amendments, implemented*. *New
labeling requirement for food products containing permitted
artificial sweeteners established*. *MRLs for additional 50
pesticides finalized, but not implemented*. *"High Risk" food
items, subject to 100 percent sampling, announced *. *Sale of
fresh fruits and vegetables coated with all types of waxes,
minerals, and colors prohibited*.
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EU introduces new rice
import tariffs from September 1 2004
EU-25, August 3, 2004 -- The EU has approved new rice
import tariffs to replace the old 'margin of preference' (MOP)
import tariff system. From September 1, 2004, EU imports of
brown rice will face a tariff of EUR 65/MT, milled rice EUR
175/MT. The changes have been decided on unilaterally by the
EU using the WTO Article 28 procedure to withdraw the rice MOP
concessions negotiated with the U.S. in the 1990's as part of
the Uruguay Round.
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Italy reaches an agreement
on implementation of June 2003 CAP Reform
ITALY, August 3, 2004 -- Italian agricultural debate is
animated by implementation of Common Agricultural Policy
reforms. The Italian Government has finally reached an
agreement with Italian farmer unions and regional governments
for the implementation of the Common Agricultural Policy (CAP)
reform approved by the EU Council in June 2003. No official
Government position has yet been agreed for the reform of
other sectors.
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Annual
EU-25, August 3, 2004 -- Forecasts for soybean crushings in
the EU-25 for Marketing Year (MY) 04/05 point to only a very
moderate increase to just under 15.0 MMT, compared to 14.75
MMT in 03/04. Soymeal demand is expected to decline by 0.5 MMT
to 32.4 MMT in 04/05, around two thirds of which is imported
into the EU as meal. This reduction in soymeal use will easily
be offset by greater availability of rapeseed. Rapeseed
production is expected to rebound up 1.6 MMT to 12.7 MMT
following the poor 03/04 harvest, increasing meal availability
by 440,000 MT to 6.5 MMT in 04/05. The extra rapeseed oil will
easily be absorbed by the EU's biodiesel production industry.
The longer term outlook for the EU oilseeds sector in Europe
is of continued decline in domestic crushings of soybeans and
sunflowerseed being replaced by meal imports.
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Update
BRAZIL, August 3, 2004 -- Post forecast production in
2004/05 is lowered 100,000 tons to 1.4 million tons but
imports and exports remain unchanged. Imports for 2003/04 are
raised to 130,000 tons and exports lowered to 200,000 tons.
Meanwhile 2003/04 production is unchanged at 1.25 million
tons.
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