Browse Data and Analysis

On September 29, Japan’s Ministry of Agriculture Forestry, and Fisheries reaffirmed its January announcement that for Japanese fiscal year (JFY) 2023 tariff rate quota volumes for butter would increase to 10,320 MT, but would remain at 750 MT for non...

FAS China (Post) forecasts China’s raw milk production in 2024 to remain high. However, declining raw milk prices have caused financial losses for a large number of raw milk producers and slowed the growth in production that the market experienced in...

Fluid milk production will drop slightly in 2024 as the number of cows in milk decreases. Tourism stimulated by foreign visitors will boost demand for dairy products in the foodservice industries, which will offset the dip in retail sales. Japan’s...

Domestic production is projected to drop to 1.93 million tons in 2023 after reaching 1.98 million tons in 2021. Milk production is expected to show a downward trend due to the decreasing number of dairy farms, decreasing number of milk cows, and...

FAS Manila forecasts demand for dairy products to increase 3 percent to 3.5 million metric tons (MT) in liquid milk equivalent (LME) in 2024, as high prices slow growth in consumer demand. The Philippines imports 99 percent of its dairy requirement...

New Zealand fluid milk production in 2024 is forecast to decline by 0.5 percent to 21.4 million metric tons (MMT). This situation results from recent decreases in farm gate milk price forecasts, as well as rising interest rates, which are expected to...

In MY 2023, Taiwan’s liquid milk production is estimated to reach 474,000 tons and is forecast to see a slight increase in MY 2024. However, the long-term liquid milk outlook is complex and subject to unstable dynamics due to New Zealand dairy products soon to have unlimited tariff-free access to the Taiwan market in 2025.

The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.

The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023. This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 5 (2023) to Year 7 (2025) of the Agreement.