Browse Data and Analysis

On August 1, 2023, Taiwan’s Council of Agriculture (COA) was transformed into the Ministry of Agriculture (MOA). MOA’s total workforce plans to increase from about 4,770 to 5,300 staff, and the administrative budget is expected to rise by TWD 8.3 billion (USD $260 million) to a total annual budget of TWD 158.9 billion (USD $5 billion).

Taiwan's HRI industry has fully bounced back with 2022 revenue surpassing pre-pandemic records. The market has a westernized palate with a high per capita GDP of US$33,004, showing that consumers are not only willing but also more than capable of trying foreign cuisines.

In 2022, Taiwan imported US$ 279.1 million of coffee, an increase of 35.2 percent. It has one of the highest densities of coffee shops in the world.

Mali, Burkina Faso, and Senegal area harvested for marketing year (MY) 2023/24 is forecast to remain the same as the previous year at 1.23 million hectares (MHA) based on good farm gate prices, governments’ input subsidies, and farmers’ debt cancellation by the Malian and Senegalese governments.