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Uruguay’s corn production is forecast to reach a record 1.8 million tons, as favorable margins and low pest impact encourage a return to planting. Wheat exports are projected down to 750,000 tons due to reduced area and competition from more...
FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.
Uruguayan soybean production in marketing year (MY) 2025/26 is forecast at 3.1 million metric tons (MMT), slightly below the previous year’s record harvest due to a modest reduction in planted area as farmers shift some acreage back to corn.
In 2024, Taiwan's pet food market saw significant activity, with total imports reaching a record high of $276.8 million. Thailand continued to be the largest supplier of pet food to Taiwan, followed by the United States, South Korea, Canada, and Japan.
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.
Taiwan’s soybean imports are forecast at 2.65 MMT for MY2024/2025 and MY2025/2026, a slight increase from the previous MY.
This report was revised to reflect all major export certificates and import permits that the government of Nigeria (GON) requires for exporting agricultural and related products from the United States to Nigeria.
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.
Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.
The United States holds 66 percent of Taiwan’s tree nut market, with 2024 imports rising 19 percent to nearly 13,000 metric tons, valued at USD 76 million.
In 2024, the total value of U.S. agricultural and related products exported to Taiwan was $3.8 billion, an increase of two percent compared to the previous year.
In 2024, for the third consecutive year, the United States remained the number one export market for Taiwan’s agricultural and related products, taking 17 percent (valued at $935 million) of Taiwan’s exports.