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On November 30, Taiwan announced that it will immediately lower tariffs on imported wheat and beef as a countermeasure against rising consumer prices, effective until March 31, 2022. The tariff on beef will be lowered from NTD 10/kg (USD 0.36/kg) to...
FY2021 agricultural exports reach record levels.
MY 2020/2021 estimates show Taiwan’s apple consumption contracting to 130,378 MT on reduced supply of imports. For MY 2021/2022, apple imports are forecast to decline another 9,000 MT to 120,000 MT.
As elsewhere, the Taiwan food service sector suffered a major setback with the COVID-19 pandemic. Despite recording no domestic cases until March 2021, Taiwan food sectors were impacted by a lack of tourists as strict border controls limited travel.
Taiwan’s MY 2021 fluid milk consumption is expected to decrease to 521,000 MT due to import delays resulting from the Covid-19 pandemic.
On August 18, 2021, Taiwan implemented an amended version of its Standards for Pesticide Residue Limits in Food.
Taiwan’s peach production for MY2021/22 is forecast to increase to 17,000MT.
France is the third largest industrial hemp producer in the world and the top producer in Europe. The French hemp production and processing industry is heavily regulated with national and European Union laws and regulations.
A French ban on the sales of fruit and vegetables with identifying stickers threatens exports of U.S. sweet potatoes (approx. $20 million in sales annually) and grapefruits ($8 million annually).
In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.
During the Covid-19 pandemic the French government designated the retail sector as essential and most firms had a continuity in operations.
Taiwan’s retail food sector is becoming increasingly competitive and chain operators such as Costco, 7-Eleven, PX Mart, and Carrefour continue to dominate Taiwan’s food retail market. The United States is the leading supplier of many consumer...