Browse Data and Analysis

Supported by growing awareness and adoption of global trends, plant-based foods in the Philippines have taken hold of a recognizable niche marketplace in the past year.

On April 1, Japan’s Ministry of Agriculture, Forestry, and Fisheries (MAFF) announced tariff-rate quota (TRQ) volumes for dairy products that will be open during Japanese fiscal year (JFY) 2021 (April to March).

On February 21, the CPC Central Committee and the State Council jointly issued the annual policy guidelines on agriculture and rural development, known as the “No. 1 Document”.

Taiwan’s overall demand for grain and feed is largely unchanged despite the COVID pandemic.

The Burmese military’s February 1, 2021 coup will negatively impact agricultural trade at least in the short-term due to the country-wide Civil Disobedience Movement, which involves widespread labor strikes in opposition to the military’s action.

FAS/Seoul projects Korea’s corn imports and consumption to increase in 2021/22, recovering from a projected 3 percent decline in imports during the current marketing year.

Following a 20 percent decline in 2020/21, cotton imports are forecast higher in 2021/22 on stronger global and domestic demand for textile and textile products.

Australian oilseed production is expected to be strong again in marketing year (MY) 2021/22, continuing the recovery that started in MY 2020/21 following two years of extreme drought.

In 2020, Japan’s food processing industry manufactured $218.3 billion of food and beverage products, down 1.1 percent from $220.8 billion in 2019.

The food and beverage industry is among the fast-growing industries in Thailand and is the country’s third largest industry, contributing 21 percent to the country’s Gross Domestic Product (GDP).

Vietnam imported $13.1 billion in consumer-oriented products in 2020. A young population, growing middle class and rapid urbanization are driving increased demand in the food and beverage sector.

Cotton production in Australia is set to climb to 3.9 million bales in marketing year (MY) 2021/22, 50 percent higher than the estimated MY 2020/21 result and 15 percent above the previous 10-year average.