A Message from Our CEO

A new year brings a fresh slate and renewed optimism. And at Roland Foods, we are looking forward to what the next 12 months will bring. We’ve already seen positive impacts in several areas of the economy and supply chain in Q4 2022.

As we enter 2023, we’re sharing our predictions for the year:

1. Logistics improvement – Based on the latest container import data, there are signals that pre-pandemic import levels could be reached in Q1 2023. This is a huge improvement, as we’ve been facing a port and railroad backlog for over two years. In addition, the recent easing of inflation, increase in U.S. employment, and Q3 economic growth are all positive signals as we enter the new year. We remain hopeful that we will see meaningful progress throughout 2023.

2. Bounce back in key categories – So far this year we have seen positive movement in key categories, including anchovies and cooking wines, that give us optimism for ingredient supply in 2023.

3. A focus on global flavors and ingredients – As outlined in our just-released 2023 Roland Foods’ Fine Foods Industry Trends and Predictions Guide, we predict an increased interest in global cuisine, especially Indian and African, as well as new culinary crossovers. Global peppers and umami flavors will also soar. Read our full trend guide here.

To stay abreast of the most up-to-date and in-depth details regarding supply chain, freight, and crop updates, please read our Market Updates provided below. We look forward to helping you make 2023 a highly successful year. As always, thank you for your business.

Sincerely,

Keith Dougherty

CEO of Roland Foods