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Taiwan is the third largest export market for U.S. peaches and nectarines and the fifth largest export market for U.S. cherries. In MY 2021/22, Taiwan imported 16,330 MT of fresh peaches/ nectarines and 13,851 MT of fresh cherries. The U.S. share of the import market is around 70 percent for peaches/nectarines and 42 percent for cherries.
Taiwan’s beer market increased to 517 million liters (137 million gallons) in 2013.
Even though Taiwan’s food processing and ingredients industries are extremely competitive, there are still great opportunities for U.S. exporters.
With November trade reports, 2014 is confirmed as another record year for U.S. beef exports to Taiwan, valued at over USD $269 million.
Eighty-eight percent, 28,884 MT, of Taiwan’s 2014 U.S. rice Country Specific Quota (CSQ) under normal tender is yet to be complete.
Taiwan’s retail food sector is becoming increasingly competitive, and foreign operators (Costco, 7-11, Carrefour and Wellcome) continue to dominate Taiwan’s food retail market.
Taiwan authorities recently lifted a ban on U.S. long grain rice, in place since 2006.
A recent wine tasting in Taiwan hosted by the California Wine Institute not only successfully attracted 369 trade contacts but also created an additional $2.87 million in sales for California wines.
Taiwan recently completed two long-lingering 2013 normal tenders, thus fulfilling 2013 U.S. Country Specific Quota (CSQ) obligations.
Domestic and export prices declined 1-5 percent as new-crop supplies are coming onto the market.
In MY2013/14, Taiwan imported a record 160,756 metric tons (MT) of apples from around the world, which is valued at nearly US$240 million.
On August 7, 2014, Taiwan’s Agriculture and Food Agency (AFA) of Council of Agriculture (COA) began screening for genetically engineered (GE) materials in organic soybeans.