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As inflation eases, Post forecasts food sales growth at five percent in 2025 driven by population growth and rising incomes. Food and beverage manufacturing is expanding, indicating solid growth in the sector, amid higher production costs, particularly for inputs.
FAS Manila forecasts an increase in milled rice production in Marketing Year (MY) 2025/26 compared to the previous MY, due to favorable weather conditions and an increase in government funding for the rice industry.
ATO Shenyang organized a U.S. beef and lobster menu promotion at a high-end restaurant in Changchun, starting with a launch event on December 10 featuring a cooking demonstration with a Shanghai-based celebrity chef.
The General Administration of Customs of the People’s Republic of China (GACC) Department of Animal and Plant Quarantine (DAPQ) expanded the list of commodities that require export facility registration.
Australia's 2025 Federal Budget allocates significant funds to support and grow the agriculture, fisheries, and forestry sectors, with measures focused on climate resilience, trade, and food security, including funding for drought preparedness, emissions reduction, and market access.
In October 2024, the Government of Japan (GOJ) added a genome edited potato to the list of genome edited products not subject to regulations for genetically engineered food and feed.
As part of efforts to attract visitors to the region, the Hong Kong Special Administrative Region (HKSAR) government released the “Development Blueprint for Hong Kong’s Tourism Industry 2.0,” a five-year plan to enhance competitiveness in the tourism industry.
In 2024, Taiwan imported US$3.8 billion agricultural products from the US, which accounted for 24.81 percent of the island’s total import value.
On March 11, 2025, the General Department of Customs and Excise of Cambodia announced the import ban on frozen pork offal would end on March 12, 2025. Cambodia placed a temporary ban on several types of Frozen offal in March 2024, the ban on all other affected products was lifted in September 2024.
China remained the world's largest seafood producer in 2024, with production estimated at 74.1 million metric tons (MMT), up 4 percent from 2023.
Post forecasts MY 25/26 China soybean production at 19.8 million metric tons (MMT) and imports at 106 MMT. The production forecast is down slightly from MY 24/25 and the import forecast is up 2 percent year over year.
The Ministry of Agriculture has taken unprecedented steps to alleviate the soaring rice prices that have plagued Japan since the summer 2024 rice shortage.