Browse Data and Analysis

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.

Wheat production in MY 2025/2026 (July-June) is forecast at 217,000 metric tons (MT), reflecting a slight increase compared to the previous year's estimate. Wheat imports in MY 2025/2026 are forecast at 2.2 MMT.

On December 23, 2024, the Taiwan Ministry of Agriculture (MOA) announced the “Comprehensive Upgrade Plan for the Grains Industry”. MOA’s plan calls for raising the guided purchase price for rice (the mid-tier purchase price) by NT$1.5/kg and increase its procurement volume.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

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.

Wheat imports in marketing year (MY) 2024/2025 are forecast at 2 million metric tons (MMT). Canada led the Peruvian wheat market in calendar year (CY) 2023 with 72 percent market share.

On December 22, 2023, Taiwan completed the last tender for 6,000 MT of U.S. long grain brown rice. This purchase concludes the tenders for the 2023 country specific quota (CSQ) for U.S. rice.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

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.

Peru's grain production has been impacted by a prolonged drought in 2022 and flooding in March 2023, mostly affecting corn and rice. Wheat imports in MY 2023/2024 are forecast at 2.25 MMT.

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.