Browse Data and Analysis

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.

On April 10, Taiwan completed a Simultaneous-Buy and Sell (SBS) tender for 18,500 tons of U.S. origin rice.

Taiwan is the United States sixth largest export market for soybeans. Soybean consumption and imports are forecast to remain stable in MY2017/18 and MY2018/19 at 2.525 million tons.

Rice production continues to be strong despite falling demand, as many farmers prefer the guaranteed income that comes from the government rice procurement program.