Global food import spending is projected to reach a record level in 2025 — $2.22 trillion, which is 7.9% more than in 2024. This is stated in the November FAO Food Outlook report.

The growth occurs against the backdrop of falling prices for basic commodities, particularly cereals, however, demand for high-value categories — meat, fish, dairy products, beverages, and spices — remains high and drives the primary increase in import value.

FAO notes that imports of coffee, tea, cocoa, and spices will increase by 34.5% — reaching $65.2 billion, which is the largest annual increase in the last decade. High-income countries show the greatest import growth, while low-income countries are reducing purchases due to currency restrictions and domestic economic difficulties.

Specifically, in Sub-Saharan Africa, food imports are decreasing due to weak local currencies and high domestic prices. At the same time, Asia and the Middle East maintain stable growth in meat and dairy product imports. In Latin America, imports of fish and vegetable oils are increasing.

FAO emphasizes that despite the drop in cereal prices, import volumes remain stable, while the structure of global food imports is shifting towards more expensive goods. This indicates a change in consumer priorities and a growing demand for products with higher added value.