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Results for "Canned" found 26 items
From 2023 to 2025, overall output by the Thai seafood processing industry is expected to contract by between -0.5% and -1.5% annually, with exports predicted to slide at a slightly faster rate of between -1.0% and -2.0% per year. Output will come under pressure from official quotas that will reduce the size of the catch and from the higher cost of inputs, in particular of animal feed and fuel for trawlers. Alongside this, expensive energy will also push up processing costs. Exports will be impacted by falling demand in the industry’s main overseas markets as buyers increasingly turn to cheaper imports from China, Ecuador, and Vietnam, which enjoy trade agreements with many countries
IMF sees US and Chinese economic growth to slow down in 2025 but with lower risks of recession; China focused on further stimulus measures
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