Browse Data and Analysis

Continuing economic growth; increasing tourism; a healthy hotel, restaurant, and institutional sector; and a growing population will lead the UAE’s wheat and rice consumption to grow in the 2025-2026 marketing year (MY).

In MY2025/2026, Taiwan’s wheat imports are forecast at 1.38 MMT supported by Taiwan consumers’ preference for more diverse food offerings including wheat-based products and a vibrant baking industry.

In MY 2024/25, Post forecasts imports by the United Arab Emirates (UAE) of all wheat, rice, corn, and barley to increase to meet high local demand. Strong tourism, population growth, and expanding poultry and dairy sectors will drive this demand.

In MY2024/2025, Taiwan’s wheat imports are forecast at 1.4 MMT. The United States is expected to recover market share from Australia due to better competitiveness and availability. MY2023/2024 and MY2024/2025 corn imports are forecast to recover to 4.55 MMT due to improved feed demand outlook, with restocking in both the hog and poultry sectors.

Taiwan’s domestic wheat production, 4,000 MT in MY2022/2023, is dwarfed by imports at 1.4 MMT for the current MY. Australia is expected to further recover wheat market share from the United States due to competitive pricing and production recovery.

Strong tourism, high petroleum rents, and an accompanying economic boom in the United Arab Emirates are forecast to grow the consumptive base and drive imports of wheat and rice higher in the coming marketing year.

FY2022 agricultural exports reach record levels.

UAE’s overall economic recovery will boost consumption and imports of grain and feed in MY 2022/23. The Ukraine conflict and other factors contributing to high commodity prices and food security may put downward pressure on UAE consumption in MY 2021/22.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

MY2022/23 wheat production is forecast flat at 6,000 MT, unchanged from the previous two MYs. Australia recovered its market share thanks to drought recovery but the United States remains the chief supplier with 66 percent market share.

FY2021 agricultural exports reach record levels.

Taiwan’s overall demand for grain and feed is largely unchanged despite the COVID pandemic.