Browse Data and Analysis

Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.

MY 2025/26 sugar production is expected to further increase 2 percent from MY 2024/25. MY 2024/25 sugar demand by industrial uses is likely to decline significantly due to the Chinese ban on Thai sugar syrup exports.

Ecuador's sugar production in marketing year (MY) 2025/26 is forecast to reach 513,000 metric tons (MT), a decrease from MY 2023/24 estimate. Domestic consumption is forecast to remain stable with gradual increases expected in the coming years.

Sugar cane production in MY 2026 is forecast at 10.25 million metric tons while cane sugar production is forecast to reach 1.3 MMT. Sugar exports from Peru in MY 2026 are forecast at 150,000 MT while the United States is the principal destination under the U.S. sugar tariff-rate quota program.

Aquaculture production in 2023 declined steeply to 105,091 metric tons (MT), a 25.43% decrease from 2022. The Peruvian aquaculture industry exported 4.5 million MT in 2023, a decrease of 12.56% from 2022 levels.

FAS Bangkok forecasts stability, with modest growth expected in rice and corn production, supported by favorable weather and strong domestic demand.

Wheat production in marketing year (MY) 2025/26 (July-June) is projected at just over 10,000 metric tons (MT), a decline from the previous year. With only about 5,000 hectares (HA) dedicated to cultivation, Ecuador’s wheat production is insufficient to meet domestic demand and thus dependent on imports.

MY 2025/26 soybean crushing demand to grow at a slower pace of two percent due to slow economic recovery with uncertainties from the U.S. reciprocal tariff measures.

Peru boasts a thriving food processing industry that plays a crucial role in its economy. This sector contributes approximately 27 percent to the country's industrial gross domestic product.

The food processing industry is an important component of Ecuador’s manufacturing sector. This sector contributes 56 percent to Ecuador’s manufacturing gross domestic product and grossed $14 billion in net sales. Excellent sales prospects exist for U.S. food ingredient products to supply this 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.

Thailand's beef market offers significant growth potential for U.S. beef exports, particularly in the frozen beef segment. U.S. frozen boneless beef has grown by 24% from 2018 to 2023, reaching a total export volume of 1,083 tons in 2023.