Taiwan: Oilseeds and Products Annual

  |   Attaché Report (GAIN)

Taiwan’s demand for soybean meal destined for animal feed continues to be the driving force behind Taiwan’s soybean imports. Taiwan’s soybean consumption estimate for both current and forecast year is 2.30 MMT; of which 1,920 TMT is for oil and meal crushing, 280 TMT is food utilization, and 100 TMT is full fat meal use. The import estimate for MY2015/16 will be 2.10 MMT due to high carryover stocks resulting from surplus imports in the previous year. With a strong U.S. dollar and larger South American crop anticipated, the U.S. share is expected to be lower than the prior year’s 60%; U.S. market share for MY 2015/16 is estimated at 50%. 

Taiwan: Oilseeds and Products Annual

East Asia and the Pacific, Taiwan
Biofuels, Oilseeds, Soybeans, Oilseeds (excl. soybean)

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