Browse Data and Analysis

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.

The Chilean food processing industry is a highly developed and competitive sector, playing a crucial role in the national economy.

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.

For marketing year (MY) 2025/26, Post estimates that the wheat area harvested will total 193,000 hectares (ha), representing a 1.0 percent decrease from MY 2024/25 due to high input costs and low prices.

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.

Beer is the most consumed alcoholic beverage in Chile and represents 77 percent of total sales of alcohol beverages by volume. Per capita consumption of beer has grown rapidly in the past 20 years Chile reaching 59 liters in 2022.

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.

In 2024, the American Institute in Taiwan (AIT) helped secure the release of 815.9 metric tons of U.S. agricultural products with a total value of $1.96 million.

On December 23, 2024, the Taiwan Ministry of Agriculture (MOA) announced the “Comprehensive Upgrade Plan for the Grains Industry”. MOA’s plan calls for raising the guided purchase price for rice (the mid-tier purchase price) by NT$1.5/kg and increase its procurement volume.