trade
Business confidence hangs in the balance as final countdown over Brexit trade deal continues
This past week, the UK’s Food and Drink Federation and Santander UK laid out the latest situation for the sector in terms of its performance, which brought cause for concern with a record low level of confidence for the quarter, that both organisations hoped would be offset with potential for exploring new markets around the world.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
Arla Foods permeate confectionery ingredients gain Chinese market access
Danish-headquartered Arla Foods Ingredients has welcomed a major development for Chinese markets, as the country is now permitting imports of whey permeate for use in key product lines such as chocolate and biscuits.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Brazilian confectionery market offers diverse portfolio for export
This year’s ISM proved memorable on a number of levels for its 50th edition, and its significance is heightened in turbulent present markets affected by coronavirus. Editor Neill Barston reflects on meeting Ubiracy Fonsêca, president of Abicab, the Brazilian chocolate, peanut and candies industry trade association, who has been recently re-appointed to his role
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Fudge Kitchen secures new export markets
Fudge Kitchen, a UK producer of gourmet fudge, has secured new export deals worth over half a million pounds over the next five years.
Food and Drink Federation calls on government to ensure trade continuity with EU
The Food and Drink Federation (FDF) is urging UK government ministers to make further progress in securing continuity deals for EU preferential trade agreements.
Buyers agree to minimum cocoa price in Ghana and Ivory Coast
Buyers of cocoa produced in Ghana and Ivory Coast agreed on Wednesday to a minimum price of US$2,600 per metric tonne, as proposed by the two governments.
UK food and drink export growth slowed in 2018
Figures released by the Food and Drink Federation (FDF) showed that food and drink exports increased by 2.5% in 2018, down from 9.7% growth in the previous year.
Swiss chocolate market grows 1% annually, despite challenging market conditions
Chocosuisse, the association of swiss chocolate manufacturers, has reported that the country’s overall sales for 2018 rose by 1% to 1.75 billion Swiss Francs, despite challenging trading and political conditions impacting on results.
Brazilian confectionery companies achieve record results at ISM
The organisers of the Brazilian pavilion at this year’s ISM have reported the country’s strongest ever results at the event, with 17 companies generating a total of more than $6 million at the key trade fair.
Bühler strengthens its strategic position and continues to grow
The Bühler Group has released its annual results for 2018, revealing continued its positive development following the integration of Haas and creation of its Consumer Foods division.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Lindt shares dip following decision to cut guidance
Luxury Swiss chocolate maker Lindt & Sprüngli made the decision to cut its mid- to long-term sales guidance, saying the “environment remained tough”.
Guittard Chocolate Company secures major European distribution
The US-based Guittard Chocolate Company has agreed a key deal with HB Ingredients for distribution of its range throughout Europe.
Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Tough tariffs for US confectionery as America increases taxes on Canada
With events within global trade moving at an exceptionally fast pace amid tariff showdowns between the US and China, we round-up some of the key issues affecting confectionery. Keith Nuthall reports
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
Brightest young global confectionery talent to compete at iba
An array of young industry talent from around the world will be competing at the Junior world championship of confectioners, being held at iba in Munich, Germany, for the first time.
Ingredients, Packaging, Processing, Regulatory, Sustainability