Browse Data and Analysis

FY2022 agricultural exports reach record levels.

Taiwan’s domestic apple production rose to 1,458 MT in MY 2021/2022, though production area continues to shrink due to economic, trade, and environmental factors. Taiwan’s apple demand remains strong and consumption is almost entirely import dependent. Total imports in MY 2021/2022 were 151,260 MT and are forecast to increase to 154,000 in MY 2022/2023. The United States holds the largest market share by volume, though New Zealand is rapidly gaining market share and enjoys a tariff advantage.

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.

Taiwan is the third largest export market for U.S. peaches and nectarines and the fifth largest export market for U.S. cherries.

Taiwan’s food processing industry produced an estimated USD18.4 billion of processed food and drinks in 2017.