Taiwan: Stone Fruit Annual
Taiwan is the third largest export market for U.S. peaches and nectarines and the fifth largest export market for U.S. cherries. Cherry imports in the first half of 2018 are up 33 percent in Taiwan compared to the same period last year. Cherry imports for the full year are forecast to rise 11 percent to 15,000 tons. Peach and nectarine imports, in contrast, were down 24 percent in the first half of 2018 as large harvests of local fruit drove down prices and hurt demand for imported peaches. Cherries are viewed as a specialty fruit in Taiwan and there has been less substitution by consumers.