Browse Data and Analysis

In contrast to the production surplus in MY 2023/24, total citrus production is expected to decrease 36 percent in MY 2024/25 to around 5 million metric tons (MMT) due to excessive heat during the blooming period and drought conditions during the harvest period. Due to projected decreased production, it is expected that citrus prices at supermarkets will increase.

In 2023, Taiwan was the seventh largest export market for U.S. agricultural and related products, valued at over $3.7 billion. Imported food and agricultural products must comply with a range of laws designed to protect human health and prevent the introduction of animal and plant pests or diseases.

Turkiye’s HRI sector continues to grapple with rising inflation and economic uncertainty, while sales in terms of U.S. dollars have yet to recover to pre-pandemic levels.

In 2023, Taiwan's Hotel, Restaurant, and Institutional (HRI) industry reached a record sales figure of one trillion Taiwanese dollars, equivalent to around 30.9 billion U.S. dollars.

Turkiye’s cotton production in marketing year (MY) 2024/25 is forecast to increase to 865,000 metric tons (MT; 3.97 million bales), since farmers planted cotton on larger area in response to temporary cotton price hikes during the planting season and because of better yields compared to last MY due to better weather conditions.