Tag Archives: Global food imports

Food and Agriculture Organization forecasts 22.9% hike in cocoa, coffee, tea import expenditures, contributing to overall increase… The global food import bill is estimated to increase 2.2% year-on-year to over $2 trillion in 2024, according to the Food Outlook report by the UN Food and Agriculture Organization (FAO) on Thursday. …

Global spending on food imports is expected to reach a record $1.94 trillion in 2022, the UN’s Food and Agriculture Organization warned on Nov. 11, a 10 percent jump compared to the previous year due to rising prices. The new forecast would mark “an all-time high”, and is due to the depreciating values …