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Taiwan’s potential on display at Taiwan International Fruit and Vegetable Show

Taiwan’s first agricultural show is expected to attract over 150 companies from 10 nations, and around 5,000 foreign and domestic buyers who will be shown the potential of the Taiwanese market.

In order to come together and propose complete and effective solutions in Asia’s fine agriculture markets, Sphere Exhibits Pte. Ltd. is collaborating with Taiwan trade show organiser My Exhibition, for the Taiwan International Fruit and Vegetable Show (TFVS).

The show  – to run November 10-12 at the Kaohsiung exhibition centre –  will receive joint support from Taiwan’s Head of Agriculture and the city of Kaohsiung.

Running parallel to the second Taiwan International Fishing Exhibit, the agricultural show is expected to attract over 150 companies from 10 nations, and around 5,000 foreign and domestic buyers

The Taiwan International Fruit and Vegetable Show is divided into sections for fresh fruit and vegetables, whole wheat products and nuts, production machinery, transportation machinery and service machinery, as well as seminars on Advantages in Vital Agricultural Technologies, Price Adjustment in Production and Digital Marketing.

Covering all aspects of the business, organisers aim to display the potential of the Taiwanese market to foreign buyers, they said in a press release.

In the past, foreign investment in Taiwan’s agriculture has played an extremely important role in helping business grow. But as the environmental effects of any big industry begin to become apparent, the government is beginning to look into new and improved ways to revise Taiwan’s agricultural and economic strategies, the organisers said.

Focus on food safety

Taiwan’s machinery industry has seen much competition in recent years, especially against European and American products, and look to gain the edge in sales and service that will bring it success. As the industry launches a campaign to make strides in improving the safety and health of food, it also begins a revolutionary evolution in tactics to accompany progress in biological technology. Given the diversity of Taiwan’s food culture, the innovations in food and technology seen at the show will no doubt increase the strength of and the interest in the Taiwanese market.

Food safety has become a universal expectation among global consumers. From green energy to clean cultivation to modern fisheries, Asian countries place the care and quality of food in high demand, and Taiwan has been a driving force in bringing about this revolution, they said.

International Fruit Marketing Forum

The international discussions at the event will include the International Fruit Marketing Forum, led by Taiwanese economic experts and with talks by experts from around the world.

All in all, organisers aim for the convention to become the ‘flagship’ fruit and vegetable convention. Additionally, the local government agriculture departments of Taichung, Kaohsiung, Hualien, Pingtung and Tainan together are eagerly awaiting the event’s kickoff.

For more information see http://www.taiwanfruitshow.com.

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Taiwan’s new fruit & veg show to boost international trade

The inaugural Taiwan International Fruit and Vegetable Show takes place November 10-12 at the Kaohsiung Exhibition Centre

Taiwan is launching a first-of-its-kind trade show which aims to bring together international buyers and purveyors of fresh fruits, vegetables and agricultural technology.

Organisers expect about 5,000 buyers to walk through the gates of the first annual Taiwan International Fruit and Vegetable Show, which will run November 10-12 at Kaohsiung Exhibition Centre in Kaohsiung, a massive port city in southern Taiwan.

About 150 vendors from Taiwan, the US, Japan, New Zealand and other countries will set up 300 booths to sell everything from apples to edible flowers.

The trade exhibition will also offer products like pesticides and fertilisers, as well as systems for packaging, distribution, logistics and e-commerce.

Taiwan’s agriculture sector

The international market for agricultural products expands year by year, according to My Exhibition, a co-organiser.

Led by growth in the Asia-Pacific region, the global market for fresh fruit is forecast to grow by 8.7% annually to reach US $692.9 billion next year.

My Exhibition said the Kaohsiung fair will showcase leading products from Taiwan’s thriving agriculture sector, which has seen 14.8% compound annual growth in output value over 2009-13.

In 2013, the country’s agricultural output was valued at US $7.95 billion, with vegetables, fruit, grains and mushrooms accounting for about 88% of this total.

For more information on the Taiwan International Fruit and Vegetable Show: www.taiwanfruitshow.com.

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Snapshot of the apple market in Taiwan

Taiwan’s love story with fruit remains undiminished

A new report by the USDA’s Global Agricultural Information Network provides valuable insights into the apple market in Taiwan.

Here are some of the repoort’s highlights:

Apples and Taiwan

Apples are the most heavily consumed imported fruit in Taiwan, which has one of the world’s highest per capita consumption rates.
But apples are losing ground to other imported fruits such as cherries, grapes, peaches and berries.
Fuji is the overwhelmingly favourite apple variety, accounting for 90% of total retail.
Red & Golden Delicious, Granny Smith, Gala, Pink Lady, Ambrosia and Aurora make up the remaining 10th of retail apple sales.
Washington apples are extremely popular. (Taiwan one of the top 5 export markets for Washington apples.)
Though eaten year round, significantly more apples are bought in Taiwan in autumn and winter – the prime production months for northern hemisphere growers. (During the summer months, local tropical fruits, such as mangos, papaya, and lychees, dominate.)
Reasons for this include that the apple is perceived as a ‘cool weather‘ fruit and also it is incorporated in several festivals held over this period.

Taiwan’s apple imports

With just 1,506 tons in 2014/15, Taiwan’s declining apple production meets less than 1% of domestic demand so it is reliant on imports but is a relatively mature market for fresh apples.
In 2013/14, it imported a record high 160,756 tons of apples (valued at nearly US $240 million) but in 2014/15 apple imports fell to 156,007 tons (valued at nearly $239 million), with importers expecting 160,000 tons for 2015/16.
Taiwan currently applies a 20% tariff on all apple imports.

Market share of Taiwan’s leading apple suppliers in 2014/15:

  • US: 41.2% (64,264 tons)
  • Chile 29.8% (46,522 tons)
  • Japan 14.9% (23,260 tons)
  • New Zealand 10.7% (16,673 tons)

United States

The US share of the Taiwan import market for apples began a long-term downward trend in 2000 but despite this decline, the US is expected to remain the dominant supplier of apples to Taiwan over the next few years.
In 2014/15, US apple exports to Taiwan increased nearly 29% from the previous year, to 64,264 tons ($79.1 million).
Thanks to an expected record harvest in Washington, which typically accounts for 90-95% of total US apple exports to Taiwan, the US is forecast to hold its position as the leading supplier of apples to Taiwan in 2015/16 with exports of 65,000 tons.
GAIN says importers prefer US apples for the high-quality and consistent supply.
‘New’ rivals for the US are Japan, New Zealand and Korea.

Japan

Japanese apples, accounting for about 15% of the total apple import market in Taiwan, grew 40% in 2014/15 to 23,260 tons thanks to depreciation of the Japanese yen and Taiwan consumers’ decreased concern about potential radiation leaks from nuclear power plants in food products from Japan.
While the US,Chile and New Zealand are still focused on supplying Taiwan market with traditional varieties, Japan is having great success introducing less common varieties in order to maintain the ‘premiumimage and justify higher prices.
It is not uncommon to find Japanese fruit in the market priced at 10-20% higher than other competitors.
Despite Japan being ranked third in terms of import volume, when comparing import value, Japan’s share increased to 28.4% last year and it enjoyed an export value of $2,910 per ton – 137% higher than that of the US at $1,230 per ton.
“This higher margin clearly indicates that Japanese apples continue to dominate the high value gift giving market in Taiwan due to their premium quality and excellent reputation in the perceptions of both traders and consumers,” the report says.

China

China remains prohibited from exporting fresh apples to Taiwan due to phytosanitary concerns.

General fruit consumption in Taiwan

The vast majority of people in Taiwan view fruit as an important part of their daily diet.
Fruit is often consumed as a snack or dessert.
It is the most common food served to visitors at home or in the office.
Unless bought solely for personal consumption, the colour, size, and general appearance of fruit are typically the buying decision factors to traders and customers in Taiwan.
The “best-looking” fruit, typically sold in gift packaging, fetches the highest prices.

Fruit as a gift in Taiwan

People send food products in gift packages to their friends and relatives during 3 major lunar-year festivals:

  • Chinese New Year (usually in February)
  • the Dragon Boat Festival (usually in June)
  • the Moon Festival (usually in September).

Fuji apples replaced Red Delicious many years ago as one of the most popular gift items during the lunar New Year holiday in Taiwan. Thanks to their colourful appearance and relatively larger size, Japanese apples are the most popular gift item during this season.
 

Source: Taiwan: Fresh Deciduous Fruit Annual November 4, 2015 Attaché Reports (GAIN)

Images:
1. Taipei at night, with dreamy sky by Chris: https://www.flickr.com/photos/63138333@N00/314845827
2.  Taiwan-taipei vista de noche ciudad by n23club: https://pixabay.com/es/taiwan-taipei-vista-de-noche-ciudad-497003/

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US a winner as Taiwan’s export market expands

409px-Taiwan_Strait

 

Last year was a near–record in terms of US farm exports to Taiwan, the USDA reported this week.

It also said demand from Taiwan consumers is pushing up expanding the market for diverse imports, including for fruit, vegetables and tree nuts.

The US is Taiwan’s leading source of farm products overall – supplying about a quarter of Taiwan’s total agricultural imports – and of most varieties of imported fresh fruit. Its respective shares of the import market in what is one of Asia’s big traders includes apples 39%, cherries 50%, peaches and nectarines 76%, table grapes 62%, plums 78%, oranges 81% and berries 79%.

The US also holds a dominant market share for most vegetables, including broccoli 96%, onion 87%, lettuce 99% and potatoes 96%, the USDA said.

Given the island’s relatively small agricultural sector, its dependence on imports is expected to keep increasing, it said.

 

Also growth in ready-to-eat foods

In 2013, Taiwan’s fresh fruit and vegetable segment grew 80% on 2012 and the 7-Eleven convenience store chain – which sells about 3,000 tons of fresh fruit and vegetables a year – expected fresh fruit and vegetable sales to rise by a tenth last year.

Convenience stores are now major players in Taiwan’s growing market for ready-to-eat foods such as fruit (mainly, bananas, apples and yams) and lunch boxes, the USDA said. 7-Eleven started selling fresh fruit in 2010 and its annual banana sales volume have reached more than 1,000 tons.
 

Increase expected in indirect imports of fresh fruit by Taiwan’s retailers

Industry sources estimate that about 15% of Taiwan’s imported fresh fruit is now imported directly by supermarkets, hypermarkets, and warehouse stores. The rest is imported by importers/distributors.

“Direct import of fresh fruit by retail stores is expected to continue to increase in the next few years,” the USDA said.

However, it also said sales of imported goods in traditional markets should not be overlooked. Industry sources estimate about 55% of imported fruit from the US is sold in wet markets island–wide.

 

Sources:

Taiwan: Commodities Pave Way for Near-record U.S. Ag. Exports to Taiwan

Taiwan: Retail Foods

Both published by the USDA Foreign Agricultural Service’s Global Agricultural INformation Network (GAIN)