Agrifood Sector 2022 Outlook

Agrifood Sector Outlook report 2022

Steady growth despite higher input costs and labour shortages

Agrifood is a highly integrated value chain, spanning from upstream farming to food processing downstream, including both alcoholic and non-alcoholic beverages. Historically speaking, the agriculture food industry has rarely suffered from any sudden increase in level of uncertainty because of its steady consumption nature, driven by the rise in global population and disposable income. Evidently, global food and beverage sales registered a growth of 11% in 2021 and eyeing another 9% increase in 2022. 

After three poor performing years leading up to the pandemic, the agriculture industry has been benefiting from the recovery in food commodity prices, especially cereals and oilseeds. However, new trends in the sector have surfaced, adding on the impact of the ongoing conflict between Russia and Ukraine, where does the sector go from here? Download our report today to find out key sector risks and opportunities across the Asia Pacific region.

key findings in electronics industry outlook 2022

 

Read the full report:

  • Track the financial health of your customers
  • Safeguard your cash flow
  • Protect you from bad debt or late payment
We target to pay off a claim within 30 days of the date of loss
Premium is calculated based on a percentage of your business sales
With over 400 collection professionals in 35 countries
62,000+
Clients worldwide
83 Million
Businesses monitored in 160 countries
AA Rating
by Standard & Poor's
Discuss how Trade Credit Insurance
can help your business with us.
Get answers to common questions
about Trade Credit Insurance.