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Read Our Latest Post:"Mitigating Risks in Agricultural Product Sourcing from India: Strategies for Importers" ! 🌟 Dive into our newest blog post, tailored for import-export professionals seeking valuable insights and resources. Explore a wealth of information designed to enhance your industry knowledge and global trade expertise. Click the link below to discover more and share your thoughts in the comments! #NewBlog #GlobalTrade #EUTrade #MiddleEastTrade #TheIndianExportCompany

Read Our Latest Post:"Innovative Solutions for Cold Chain Management in Agricultural Sourcing from India" ! 🌟 Dive into our newest blog post, tailored for import-export professionals seeking valuable insights and resources. Explore a wealth of information designed to enhance your industry knowledge and global trade expertise. Click the link below to discover more and share your thoughts in the comments! #NewBlog #GlobalTrade #EUTrade #MiddleEastTrade #TheIndianExportCompany

Read Our Latest Post:"Maximizing Sustainability in Agricultural Product Sourcing from India" ! 🌟 Dive into our newest blog post, tailored for import-export professionals seeking valuable insights and resources. Explore a wealth of information designed to enhance your industry knowledge and global trade expertise. Click the link below to discover more and share your thoughts in the comments! #NewBlog #GlobalTrade #EUTrade #MiddleEastTrade #TheIndianExportCompany

Read Our Latest Post:"Unlocking Opportunities in Indian Agriculture: A Comprehensive Guide for Importers, Retailers, and Procurement Managers" ! 🌟 Dive into our newest blog post, tailored for import-export professionals seeking valuable insights and resources. Explore a wealth of information designed to enhance your industry knowledge and global trade expertise. Click the link below to discover more and share your thoughts in the comments! #NewBlog #GlobalTrade #EUTrade #MiddleEastTrade #TheIndianExportCompany

MARKET ANALYSIS in the form of Agri importing and exporting 1. Market Trends- Analyze current trends in agriculture importing and exporting, such as shifts in demand for specific crops or products, changes in trade policies, and emerging markets. 2. Competitive Landscape- Identify key players in the market, both domestically and internationally. Understand their market share, pricing strategies, distribution channels, and any competitive advantages they may have. 3. Regulatory Environment- Familiarize yourself with import/export regulations, tariffs, and trade agreements that may impact the agriculture industry. Stay updated on any changes that could affect your operations. 4. Consumer Preferences- Consider consumer preferences and buying behavior in different regions. Understanding consumer trends can help tailor your product offerings to meet market demand. 5. Supply Chain Analysis- Evaluate the efficiency of your supply chain, from sourcing raw materials to distribution channels. Identify opportunities to streamline processes and reduce costs. 6. Risk Assessment- Assess potential risks involved in agriculture importing and exporting, such as currency fluctuations, geopolitical instability, or supply chain disruptions. Develop contingency plans to mitigate these risks. By conducting a comprehensive market analysis in the realm of agriculture importing and exporting, businesses can make informed decisions, identify growth opportunities, and navigate the complex global trade landscape effectively.

The composition and destination of agricultural exports have changed The composition and destinations of US agricultural exports have changed With U.S. agricultural production growing faster than domestic demand for many products, U.S. farmers and agricultural businesses have depended on export markets to support prices and revenues. As a result, US agricultural exports have grown steadily over the past 25 years – reaching $174 billion in 2023, up from $57.3 billion in 1998. The product composition of agricultural exports has changed over this 25-year period, reflecting changes in global supply and demand. Most notably, exports of consumer-oriented products – including high-value products (HVP) such as dairy products, meats, fruits and vegetables – have shown strong growth driven by rising populations and incomes around the world, as well as as well as an increasing diversification of diets. Source: USDAERS --- More information: https://lnkd.in/esxJyqXd

Agri trade via e-NAM set to cross Rs 80,000 crore in FY24. While the volume of farm gate, inter-state and inter-mandi trade is still a small portion of total turnover of e-NAM at Rs 70,445 crore in April-February (2023-24), up 4% on year, it indicates a gradual shift to the digital platform, being used for better price discovery by the farmers. With more states opening up or facilitating trade of agricultural commodities on electronic – National Agriculture Market (e-NAM), trade on the platform is projected to touch Rs 80,000 crore in FY24. In April-February this fiscal, e-NAM turnover has crossed Rs 70,000 crore and there has been spurt in inter-mandi and inter-state trading of agri-commodities on the platform. “We are currently focussing on increasing electronic-payments to farmers and boosting inter-mandi and inter-state trade on e-NAM,” an agriculture ministry official told FE. eNAM now integrates 1,389 mandis across 27 states. While the volume of farm gate, inter-state and inter-mandi trade is still a small portion of total turnover of e-NAM at Rs 70,445 crore in April-February (2023-24), up 4% on year, it indicates a gradual shift to the digital platform, being used for better price discovery by the farmers While stating that the e-NAM is the only digital platform with no user charges are being levied on the transaction, the agriculture ministry has urged all the central agencies such as Food Corporation of India, farmers’ cooperative NAFED and others engaged in procurement and selling of grain, pulses and other agricultural produce to use the platform for better price discovery.

This report provides an in-depth analysis of Nigeria's agricultural export performance from 2020 to 2023. The analysis covers various aspects such as export volumes, key export products, major export destinations, revenue generated, and emerging trends. The objective is to identify key factors driving export performance and suggest strategic initiatives to enhance future growth. Key Metrics 1. Total Export Products:   - Sesame   - Cocoa   - Cashew   - Rubber   - Plantain 2. Revenue Generated per Year:   - 2020: $3,891,727,249.74   - 2021: $4,461,997,757.86   - 2022: $3,776,168,662.68   - 2023: $4,187,770,808.29 3. Major Export Destinations:   - Denmark   - Italy   - France   - Switzerland   - Sweden 4. Best Perfoming Year: 2021 5. Top Export Companies: Agro Export Nigeria Ltd Golden Farms Nigeria Limited Prime Agro Exports Nigeria Limited Nigeria Agro Export Company Nigerian Export Promotion Council (NEPC) Recommendations 1. Export Products Government Investment: Invest in modern farming techniques and high-yield palm oil seedlings to increase production volumes. Processing Facilities: Upgrade processing facilities to ensure higher quality and quantity of palm oil, making it more competitive in the global market. Training for Farmers: Provide training for farmers on best practices for the cultivation and post-harvest handling of cassava and ginger. Infrastructure Improvements: Invest in better transportation and storage facilities to reduce post-harvest losses. Financial Support: Offer financial support and incentives to small and medium-scale farmers to expand their operations and adopt better technologies. 2. Export Countries Quality Standards: Ensure that products meet the quality and safety standards required by the least-buying countries to increase their marketability. Trade Relations: Enhance diplomatic and trade relations with the least-buying countries through trade missions, bilateral agreements, and participation in trade fairs. Product Diversification: Introduce a wider range of agricultural products that may appeal to consumer preferences in the least-buying countries. 3. Exporting Companies Marketing Efforts: Increase marketing efforts and establish a strong brand presence in target markets to differentiate products and attract consumers. Technology and Digital Platforms: Utilize modern agricultural technology and digital platforms to enhance production processes, manage supply chains, and streamline export logistics. Strategic Alliances: Form alliances with successful exporters, local cooperatives, and international trade organizations to gain insights and expand market reach. Vephla University.

Massive Warehousing scheme: Huge infrastructure push for Indian agriculture! Consider the stats - World's largest population, World's 2nd largest Wheat producer 110 Mmts, World's 2nd largest Rice producer 132 Mmts; Total foodgrain production 311 Mmts Yet warehousing capacity of 145 Mmts! Result? 10-15% post-harvest loss due lack of storage/distribution systems! PM Modi announced World's largest grain storage plan of 70 Mmts over 5 years Investment? $15 bln!! Indian agriculture's biggest issue? Farmer's inability to hold grains at harvest, lack of credit, lack of forward price signals! It is not addressable by technology, but by infrastructure! With the warehousing scheme, farmers can store produce, obtain institutional credit, sell produce when market prices remunerative!! Indian agriculture, not not yet disrupted! Agriculture reforms will follow, opening up multitude of opportunities for startups!! #indianagriculture #rice #wheat #warehousing #storage #foodgrains #startups #agriculture #disruption  

Indeed it is a good news! However, treatment/processing technology is required for many agricultural goods to protect product integrity. Hence, apart from investment in cold storage, investment for treatment/processing technology also should be prioritize. https://lnkd.in/gjwKSuDq https://lnkd.in/gjwKSuDq