Taiwan Beef Imports Hit Record in First Quarter
TAIWAN - Taiwan imported a record volume of beef during the first three months of 2012, with imports reaching 20,059 tonnes swt – 7 per cent higher than the corresponding period last year (Global Trade Atlas). Underpinning the growth was strong economic conditions, as well as robust demand from retail and foodservice.
1 June 2012
1 minute read
While Australia maintained the largest imported beef market share for the quarter, at 36 per cent, total shipments were back 3 per cent year-on-year, to 7,302 tonnes swt. Imports of NZ beef also declined during the period, falling 13 per cent year-on-year, to 4,812 tonnes swt.
Contributing to the decline in imports of Australian and NZ beef for the first quarter of 2012 was a rebound in the volume of US beef entering the market. Despite the partial ban, US imports increased 31 per cent year-on-year, to 6,202 tonnes swt.
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