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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 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.
FY2022 agricultural exports reach record levels.
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.
The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
Taiwan’s demand for grain and feed is forecast to slow over the coming year as the economic impacts of the novel coronavirus outbreak bite.
Taiwan’s demand for grain and feeds is forecasted to slow over the coming year as the economic impacts of the novel coronavirus outbreak bite.