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Don't miss out: Register now for Gulfood, FOODEX Japan, IFE London and FHA Singapore
The deadline to register for these exciting opportunities, facilitated by the Department of Primary Industries and Regional Development (DPIRD) and supported by Invest and Trade WA, has been extended to close of business on Monday 4 December 2023. Seize this exceptional chance to expand your global reach and connect with potential partners, showcasing your food and beverage products to a wider audience.
- Gulfood 19-23 February 2024 and proposed Trade Mission to Saudi Arabia 25-26 February 2024. Key contact:
Melanie Payne, 0458 635 380 melanie.payne@dpird.wa.gov.au. Register. - FOODEX Japan 5-8 March 2024. Key contact:
Charles Li, 0460 039 461 charles.li@dpird.wa.gov.au. Register. - International Food & Drink Event 25-27 March 2024. Key contact:
Jim Paparo, 0417 946 788 jim.paparo@dpird.wa.gov.au. Register with DPIRD for access to small shared WA stand (no cost). Register with Austrade for 2 square metre or 6 square metre counters. - FHA Singapore 23-26 April 2024. Key contact:
Rebecca Laffrey, 0455 833 689 rebecca.laffrey@dpird.wa.gov.au. Register.
These events will provide WA agribusiness exporters with the opportunity to showcase their products, meet with buyers and gain valuable insights in key markets for WA premium food and beverages.
In order to provide the highest level of service to participants, places are strictly limited, so please submit your expression of interest today.
Source and Photo: DPIRD
Case studies detailing business successes, challenges, and learnings from doing business between Australia and India, have just been launched.
The 26 detailed case studies – including Geraldton Fishermen's Co-Operative – were created by corporate advisory firm Newland Global Group with support from an Australia India Council grant to demonstrate opportunities under the Australia-India Economic Cooperation and Trade Agreement. These cover diverse sectors and business models, assisting Australian and Indian businesses in understanding the the bilateral economic landscape.
Whether you are looking at the market for the first time and are seeking examples of how to start, or you are already well engaged with the market and are looking to enhance or expand your engagement by learning from other businesses, the case studies are a useful resource for your business.
Among the many Australian partners supporting the case studies are Invest and Trade WA and Perth USAsia Centre. More...
Source: Newland Global Group | Photo: Sylwia Bartyzel / Unsplash
The Australian Department of Agriculture, Fisheries and Forestry (DAFF) has issued an Industry Advice Notice (IAN) advising that applications are now open for the export of Hass avocados to India from Western Australian for avocado farms and packhouses that already hold accreditation for the Japan and/or Thailand protocol markets.
Due to the timing of India’s announcement, applications for WA farms and packhouses not already accredited for Japan and/or Thailand markets cannot be accepted for the 2023-24 season. WA farms and packhouses that cannot apply due to the above restrictions, will be able to submit applications as part of the annual WA protocol application process for the 2024-25 season.
Avocado farm and packhouse managers wanting to export to India must complete their application forms online through the Australian avocado export registration system by 2 pm AWST this Friday 1 December 2023.
If you have any questions regarding this IAN, please email DAFF's Horticulture Exports team. If you have any questions regarding the avocado export registration system, please email Avocados Australia’s Export Development Manager. More...
Source: DAFF | Photo: DPIRD
The Western Australian Government is providing a new stream of grant funding to help WA innovators scale up the growth of their business to commercialisation.
The Commercialisation Bridge Grant (CBG) program will assist WA innovators to bridge the gap between a commercialised innovation and a sustainable, scalable business.
The CBG program, which is supported by the New Industries Fund, is designed to help create more jobs and generate economic diversification for WA.
Applications can now be made for grants ranging from $50,000 to $200,000, with a requirement for matched funding. Fifty per cent of the grant funding will be available upfront.
The CBG can be spent on developing the product, putting together the team, intellectual property, and commercialisation readiness, and can be deployed using both internal and external resources. More...
Source: WA Minister for Innovation and the Digital Economy | Image: JTSI
Southern hemisphere beef-producing nations, including Australia, are bucking a global trend of declining production and registering increasing output volumes, according to Rabobank's latest Q4 Global Beef Quarterly report.
While Australia and Brazil have seen increases in beef production, these gains have been insufficient to counterbalance the production declines in Europe and the United States (US), agribusiness banking specialist Rabobank noted.
Overall, global beef production across "monitored markets" is expected to fall by 1% year-on-year in 2023, with a similar trend anticipated for 2024, Rabobank forecast.
The beef sector is witnessing robust consumer demand in the US, despite signs of potential weakening, along with reduced cattle and beef supplies. However, in Asia, weak demand and high inventory levels are putting pressure on the market. More...
Source: Rabobank | Photo: DPIRD
WTO: Intermediate goods exports continue to fall in second quarter 2023
The global economy is facing headwinds in the form of stagnating commodity prices, rising inflation, and increasing interest rates. These factors are taking a toll on global trade, with intermediate goods (IG) exports falling by 8% year-on-year in the second quarter of 2023, according to the World Trade Organisation (WTO).
IGs are goods used in production, not sold to consumers, but to businesses that make products. Agricultural IGs include wheat, corn, soybeans, rice, fruits, and vegetables.
The WTO says global export of food and beverage IGs were down 9% in the second quarter of 2023. All regions of the world experienced declines in IG exports in the second quarter, with Asia experiencing the largest drop (13%). More...
Source and Graphic: WTO
Further information
Agribusiness, commercial fishing and aquaculture news from the Department of Primary Industries and Regional Development (DPIRD). If you have any questions or information to share, please email export@dpird.wa.gov.au.
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Important disclaimer
The Chief Executive Officer of the Department of Primary Industries and Regional Development and the State of Western Australia accept no liability whatsoever by reason of negligence or otherwise arising from the use or release of this information or any part of it.
Copyright © State of Western Australia (Department of Primary Industries and Regional Development), 2023.
