Browse Data and Analysis

In 2024, Israel's technologically advanced, market-oriented economy achieved an annual GDP of $541.8 billion, with a modest growth of 0.9 percent. The food retail industry saw significant activity, with sales reaching $21 billion in 2024 and a projected growth of 5 percent in 2025.

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.

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.

Israel will continue to rely on imported feed and grains as it uses land and water resources for more cash crops. Due to poor weather conditions, Post forecasts Israel’s marketing year 2025/26 wheat production down (due to poor weather conditions) and imports up as production was limited.

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.

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.

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.

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 March 27, 2025, the Israeli Ministry of Justice and the Israeli Ministry of Health published a request for public comments on changes to European Union Directive 1999/2/EC related to reporting requirements in food and food ingredients treated with ionizing radiation.