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Attaché Report (GAIN)

Taiwan: Retail Foods

Retail food outlets in Taiwan are comprised of convenience stores, supermarkets, and hypermarkets, which generated $32.4 billion worth of sales in 2021, a 2.2 percent growth from 2020. The United States continues to be the leading supplier of consumer-oriented food and agricultural products to Taiwan with popular products such as beef and fresh fruit taking over 30 percent of total market share.
World Production, Markets, and Trade Report

Dairy Monthly Imports

This monthly report includes information on U.S. and global imports of dairy products, including maximum quantities that can be imported under tariff-rate quota licensing.
Hong Kong does not have any certification changes for food imports since the last report submitted in June 2021. This report lists the certificates required by the Hong Kong Government (HKG) for U.S. agricultural and food exports to Hong Kong.
Attaché Report (GAIN)

Hong Kong: Retail Foods

Despite a small population of 7.4 million people, Hong Kong is the seventh-largest export market for U.S. consumer-ready agricultural products. Hong Kong has always been an attractive market for innovative U.S. food and beverage products as well as a gateway to the region.
The following changes have been made to the 2022 FAIRS report: 1) Section II – Labeling. Effective December 1, 2023, food containing hydrogenated oils must be labeled. 2) Section III – Packaging. Glass and plastic bottles will be subject to additional levies. 3) Section VI – Other Requirements, Regulations, and Registration Measures.
Quarterly Agricultural Export Forecast

Quarterly Agricultural Export Forecast

FAS and the Economic Research Service jointly publish the quarterly Outlook for U.S. Agricultural Trade. The agricultural export forecast is updated February, May, August, and November.
The Hong Kong Environmental Protection Department is in the process of mapping out legislative initiatives coupled with public education to enhance waste management. U.S. food exports to the city could be impacted by the government’s adoption of various producer responsibility schemes (PRSs) relating to plastic and glass beverage containers by which manufacturers/importers are expected to pay a levy.
In 2021, the total value of U.S. agricultural and related products exported to Taiwan was $3.94 billion, an increase of 18 percent compared to the previous year. Taiwan moved up two places to rank as the 6th largest market for U.S. agricultural exports in 2021. This was the second highest year on record behind 2018’s $4.08 billion. Products in the consumer oriented category continue to play an increasingly important role, with beef and dairy products hitting new highs year after year.
On April 1, 2022, Taiwan notified the United States that it had successfully completed an audit inspection of the U.S. system for eggs and egg products. As of May 30, 2022, the United States has full market access to Taiwan for all eggs and egg products.
In the first quarter of 2022, U.S. agricultural exports fell to the lowest level in four years. While expanding U.S. direct exports to China, and lingering shipping issues continue to drive the overall decline in U.S. agricultural exports to Hong Kong, government restrictions in response to the city’s fifth wave of the pandemic exacerbated the drop in U.S. agricultural sales.
Attaché Report (GAIN)

Hong Kong: Love for Wine Prevails Against Pandemic

The Hong Kong wine market has stayed resilient since the start of the COVID-19 pandemic. The local foodservice business has suffered the most as the operation of restaurants and bars were often curbed to contain the virus. However, wine retail sales injected energy to a sluggish market and enabled the continuation of wine consumption in Hong Kong.
In 2021, the total value of U.S. agricultural and food exports to Hong Kong dropped 12 percent compared to 2020, continuing its decline from the 2017 peak and reaching its lowest level since 2008. The overall drop in exports was driven primarily by lower sales of consumer-ready products which offset recoveries in other product categories.