However, the increase in the costs of shipping and the decrease in the import turnover will increase the cost of world imports to more than $1.3 trillion this year, which is 10.6% more than in 2016. This was stated today by the FAO in its report "Food Outlook" which is published twice a year.

The cost of food imports of least developed countries, countries with low income and food deficit in Africa South of the Sahara will grow even more rapidly due to the higher volumes of imports of meat, sugar, dairy and oilseed products.

The value of imports is projected to grow in all food groups except for seafood, growing domestic demand in many developing countries is increasingly being met through sustainable growth of local aquaculture sectors.

World food prices for the first time in three months increased in may, as food price index, FAO also released today, was 172,6 points, which is 2.2% higher compared to April's figure and 10% higher compared with may a year ago.