Browse Data and Analysis
Filter
Search Data and Analysis
- 10 results found
- (-) November 2022
- (-) August 2020
- (-) Taiwan
- Clear all
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.
The significant rise of dog- and cat-owning households in East Asia presents an opportunity to increase the U.S. exports of pet food.
Taiwan is the fifth largest export market for U.S. organic products, reaching over $90 million in sales in 2019.
The Taiwan Food and Drug Administration (TFDA) recently strengthened the enforcement of food labeling requirements for health claims.
Major food retailers such as Costco, 7-Eleven, PX Mart and Carrefour play leading roles in the rapidly modernizing food retail sector.
In 2019, U.S. peach, nectarine, and cherry exports to Taiwan increased as competitor market share declined.
Price volatility and U.S. logistical challenges caused by COVID-19 delayed Taiwan's rice tendering process until the summer. On July 21, 2020,
Taiwan is the United States' seventh-largest export market for food and agricultural products. In 2019, Taiwan imported $3.79 billion of food and agricultural products from the United States.
COVID-19 hit the food service sector hard as the pandemic kept people in their homes, and restrictions on international travel negatively impacted hotel restaurant revenue.