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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.
Taiwan awarded 18,834 tons of U.S. rice towards in normal tenders during the week of November 20, 2017.
Taiwan is the seventh largest market for U.S. food and agricultural products.
Taiwan imported over a billion dollars of U.S. genetically engineered (GE) crops in 2016, accounting for approximately a third of total U.S. agricultural exports to the island.
On November 9, 2017, Taiwan awarded 5,000 tons of U.S. rice towards normal tender GF4-106-142.
Post forecasts MY2017/18 apple imports at 169,000 MT, up one percent from the same period last year.
On October 24, 2017, Taiwan completed normal tender GF4-106-086 for 6,000 tons of U.S. rice (6,900 tons on a brown rice basis).
Demand for milk and other dairy products in Taiwan are forecast to remain stable or rise slightly in 2017.
On August 30, 2017, Taiwan completed its second U.S. rice Simultaneous-Buy and Sell (SBS) tender (GF4-106-094) for 13,100 tons at the price of NT$7.209/kg (US$239/ton).
The United States exported $28 million worth of organic fruits and vegetables to Taiwan in 2016, up 74 percent from the year before.
Peach and nectarine consumption is expected to remain stable in 2017 with imports expected to meet nearly half of demand, though the United States holds an import market share of 75 percent.
Taiwan continues to be a top export market for U.S. grains