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- (-) December 2017
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For over a decade, Peru has been one of the world’s top performing economies, registering sustained high growth accompanied by low inflation.
Peru’s food processing industry is a dynamic sector of the national economy. U.S.-origin food processing ingredient exports to Peru are forecast at $202 million in 2017.
Peru has established a new price band for rice that aims to increase importing costs. The new price band uses changes the reference price from Thai to Uruguayan rice prices.
Peru’s food retail sector sales will rebound in the medium-term, benefiting from government stimulus measures seeking to boost consumer spending.
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.
Peru’s international recognition as a gastronomic hub has created opportunities to introduce complementary food products into the market.
Peruvian rice producers are demanding that the government reinstate import duties for rice.
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.
Peru's 10 year moratorium on genetically engineered (GE) crops remains in force. The Ministry of Environment tests conventional imported seed shipments upon arrival which has raised concerns...