Browse Data and Analysis

For marketing year 2025/26, Indonesian sugarcane and plantation white sugar productions are forecast to further increase to 35.0 million metric tons (MMT) and 2.6 million metric tons (MMT) respectively.

With favorable weather and steady fertilization, palm oil production is anticipated to rise 3 percent reaching 47 million metric tons (MMT) for 2025/26.

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.

Indonesia offers significant opportunities for U.S. food ingredient suppliers to supply raw materials for its 100-billion-dollar food processing industry.

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.

Following an estimated decrease of Indonesian cotton consumption in 2024/25 of 1.795 million bales, cotton consumption in 2025/26 is forecast to remain on par at 1.8 million bales.

Sustained rainfall due to a subsiding El Nino and a weak La Nina that is predicted to last until April 2025 will likely lead to increased rice and corn production in 2024/25.

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.

In Indonesia, the pet food market (especially for cats) has seen remarkable growth, increasing 24.5 percent to reach $237 million in 2023.

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.

Indonesia’s palm oil export estimates for 2024/25 are lowered due to the rollout of the new B40 Biodiesel mandate which is expected to raise domestic industrial palm demand by 2 percent.