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In MY 2023, Taiwan’s liquid milk production is estimated to reach 474,000 tons and is forecast to see a slight increase in MY 2024. However, the long-term liquid milk outlook is complex and subject to unstable dynamics due to New Zealand dairy products soon to have unlimited tariff-free access to the Taiwan market in 2025.
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.