August 2024 witnessed significant growth across all product categories, with Herbs, Spices & Seasonings and Grains & Cereals standing out with an impressive 10% increase compared to July. The widespread interest from various countries has opened up substantial potential for expanding export markets, especially in developing countries and major economies.
Growth: Accounts for 10% of product categories, and growth 32% compared to July (source Freshdi.com)
Key Markets: India, Bangladesh, USA, United Arab Emirates.
Notable Products: Chili peppers, black pepper, sugar.
Market Trend:
See more Herbs, Spices & Seasonings Buyers, Sourcing Requests
Growth: Accounts for 10% of product categories, and growth 35% compared to July (source Freshdi.com)
Key Markets: India, Australia, France, Israel.
Notable Products: Soybeans, corn, wheat.
Market Trend:
See more Grains, Cereal & Legumes Buyers, Sourcing Requests
Growth: Accounts for 8% of product categories, and growth 25% compared to July (source Freshdi.com)
Key Markets: Indonesia, Qatar, Pakistan, South Korea, United Arab Emirates.
Notable Products: Edible oils (accounting for 70%), Palm Oil, Coconut Oil.
Market Trend:
See more Oil & Fats Buyers, Sourcing Requests
Growth: Accounts for 7% of product categories, and growth 74% compared to July (source Freshdi.com)
Key Markets & Notable Products:
Market Trend:
See more Fruits Buyers, Sourcing Requests
Growth: Accounts for 7% of product categories, and increased 2.5 times compared to July (source Freshdi.com)
Key Markets & Notable Products:
Market Trend:
See more Bean, Nut & Seed Buyers, Sourcing Requests
August 2024 marks a positive growth in global import demand across various agri-food sectors. The diversity in markets and products continues to open up numerous opportunities for businesses. However, close monitoring of consumer trends is crucial to effectively adapt business strategies.
Key Highlights and Potential:
Challenges and Considerations:
August 2024 paints a positive picture of the global agri-food import market. Despite specific challenges, growth opportunities remain abundant, especially for businesses capable of adapting, innovating, and meeting the evolving demands of consumers worldwide. By capitalizing on market trends and seizing opportunities, businesses can achieve sustainable success in the global agri-food sector.
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Freshdi.com's guide provides detailed information about the agricultural and food industry. It covers various topics, from the import and export market and popular agricultural & food varieties to price trends, finding exporters and importers, and necessary considerations when exporting agricultural & food worldwide. To better understand Freshdi and how to make the most of the platform to access buyers, explore the following helpful articles:
Chapter 1 - First Step to Start Selling Agri & Food Global: Posting Product Tips to Maximum
Chapter 2 - 7 simple steps to start selling every day: Guide to help you expand your agricultural market.
Chapter 3 - Exclusive Benefits for Suppliers When Creating Online Store on Freshdi.
Chapter 4 - Contact us for a free consultation: If you have any questions, please let us know.
Stay tuned to Freshdi.com for more updates and insights into the world of imports & exports, whether you’re a business looking to source high-quality agricultural & food or an individual interested in the dynamics of the global market. Freshdi.com is your go-to resource for all things related to agricultural & food suppliers, wholesalers, importers, and export companies. We will provide you with the latest information and trends in the agricultural & food industry, helping you expand your business. Thank you for reading!