Taiwan: Dairy and Products Annual

In MY 2023, Taiwan’s liquid milk production is estimated to reach 474,000 tons and is forecast to see a slight increase in MY 2024. However, the long-term liquid milk outlook is complex and subject to unstable dynamics due to New Zealand dairy products soon to have unlimited tariff-free access to the Taiwan market in 2025. Taiwan’s dairy market has become more conservative as dairy processors, distributors, and consumers are closely monitoring the acceptance of imported fluid milk. Besides liquid milk, Taiwan relies heavily on imported cheese, butter, and milk powder. Demand for butter and milk powder remains stable while cheese demand continues to grow, primarily supplied by New Zealand and the United States.