Taiwan beef imports expected to fall.

TAIWAN - In 2006 Taiwan’s beef imports grew by 11% , to 74,337 tonnes swt (United States Department of Agriculture – USDA). The increase is believed to be the result of resumption of US beef imports since January 2006.
calendar icon 15 March 2007
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Taiwanese importers bought large amounts of US beef, particularly boneless short ribs in 2006. As a result, shipments of US beef to the market reached 19,296 tonnes swt – the highest on record. The report also mentioned that the US has replaced New Zealand as Taiwan’s number two beef supplier in value terms.

According to the USDA, Tawian’s beef imports are expected to fall by 6% in 2007, to 69,877 tonnes swt – due to current high stocks. Taiwan is expected to import 15,000 tonnes swt of US beef in 2007, down 22% from 2006.

Taiwan’s domestic beef production contributes 5% to the country’s total supply, with 95% imported from US, Australia, New Zealand and South America. In 2006, Taiwan produced only 5,000 tonnes cwt of beef.

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