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Since the beginning of 2022, Taiwan’s table egg prices continue to set new price records. The egg wholesale market closed at an all-time high price of 80NTD ($2.81USD) per kilogram on March 15. The primary contributors to the recent spike in table egg prices are lower placement of laying hens resulted from high feed prices, culling of birds contaminated by avian influenza, and lower seasonal production cycle.

This report is a voluntary update to GAIN Report TW2020-0014, published February 25, 2020. The report provides a brief introduction to Taiwan’s pesticide residue policy to include maximum residue limit (MRL) import tolerance applications, up-to-date MRL database, frequently used residue testing methods and recent MRL announcement history.

Taiwan's economy is booming with the GDP forecasted to increase 4.42 percent in 2022. In 2021, Taiwan imported $3.93 billion worth of agricultural and food products from the US, making it the 6th largest market for U.S. agricultural products.

As the world’s third largest vegetarian market with an increasing flexitarian population, Taiwan bodes well for the ingredients that address low fat, high fiber, and plant-based protein.

Taiwan imported over a billion dollars of U.S. genetically engineered (GE) crops in 2017, accounting for over a third of total U.S. agricultural exports to the island.

Abundant local fruit harvests drove down fruit prices and reduced demand for apples and other imported fruit in the first half of 2018.

Taiwan has a very dynamic food service industry exemplified by this year’s release of the first Michelin guide for Taipei.

On October 9, Taiwan completed a Simultaneous-Buy and Sell (SBS) tender for 3,000 tons of U.Sorigin rice at $162 per ton for delivery by April 30, 2019.

Taiwan milk consumption continues to grow due to strong liquid milk demand.

Taiwan’s retail food sector is becoming increasingly competitive and chain operators, such as Costco, 7-Eleven, PX Mart, Carrefour, and Wellcome, continue to dominate Taiwan’s food retail market.

On September 27, 2018, Taiwan completed a normal rice tender for 6,000 tons of U.S-origin milled medium/short grain rice at $717.65 per ton for delivery in 2019.

Taiwan is the seventh largest market for U.S. food and agricultural product exports.