Taiwan: Oilseeds and Products Annual

  |   Attaché Report (GAIN)

Taiwan’s demand for soybean meal continues to be the driving force behind Taiwan’s demand for imported soybeans. The soybean import forecast for MY2014/15 is 2.28 MMT, about 2% decrease from a year earlier mainly due to highly pathogenic avian influenza (HPAI) outbreaks. Though facing fierce competition from South American soybeans, U.S. share is anticipated to remain at 50%. However, soybean oil demand estimate for forecast year is lagging as oil products face negative external pressure due to genetically engineered (GE) concerns, food safety scandals, and health (i.e. trans fat) issues. Labeling requirements for GE products, including highly processed products, are currently being debated.

Taiwan: Oilseeds and Products Annual

East Asia and the Pacific, Taiwan
Biofuels, Oilseeds, Soybeans

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