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Wheat and barley crops received adequate rainfall. Post forecasts MY 2022/23 wheat and barley production at 1.1 MMT and 420,000 MT, respectively, with imports anticipated at 2.1 MMT and 950,000 MT.

Since the beginning of 2022, Taiwan’s table egg prices continue to set new price records. The egg wholesale market closed at an all-time high price of 80NTD ($2.81USD) per kilogram on March 15. The primary contributors to the recent spike in table egg prices are lower placement of laying hens resulted from high feed prices, culling of birds contaminated by avian influenza, and lower seasonal production cycle.

This report is a voluntary update to GAIN Report TW2020-0014, published February 25, 2020. The report provides a brief introduction to Taiwan’s pesticide residue policy to include maximum residue limit (MRL) import tolerance applications, up-to-date MRL database, frequently used residue testing methods and recent MRL announcement history.

Taiwan's economy is booming with the GDP forecasted to increase 4.42 percent in 2022. In 2021, Taiwan imported $3.93 billion worth of agricultural and food products from the US, making it the 6th largest market for U.S. agricultural products.

Tunisian MY 2022/23 soybean imports are expected to reach 560,000 MT, compared to 555,000 MT in MY 2021/22. Tunisian olive oil exports are forecast to reach 135,000 MT in MY 2022/23, compared to 200,000 MT in MY 2021/22.

As the world’s third largest vegetarian market with an increasing flexitarian population, Taiwan bodes well for the ingredients that address low fat, high fiber, and plant-based protein.