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Taiwan as a Potential Market For Shell Eggs And Products

03/31/2022

According To USDA-FAS GAIN Report TW2022-0017 released on March 29th, Taiwan represents an attractive potential market for both shell eggs and egg products.  It is estimated that domestic egg production, presumably only hen eggs and excluding duck eggs, amounted to 8,173 million in 2020.  The report assumes 23 million consumers with a per capita consumption of approximately 350. 

 

Since the third quarter of 2021, eggs have risen in price at a high rate and current retail price approximates $2.15 per dozen in metropolitan areas. Rising egg prices are attributed to an imbalance between supply and demand.  Avian Influenza has resulted in depletion of flocks and small-scale producers have suspended production as a result of rapidly increasing feed prices.

 

Ninety percent of eggs produced are marketed in shell form to retailers and institutions.  Approximately 10 percent of eggs are broken for liquid.  Taiwan is both an importer and exporter but net imports in 2021 were valued at $7 million dollars, mostly as egg liquids.  In 2021, liquid imports were valued at $15.5 million from all nations.  USDA export data did not list Taiwan as a major importer of either table eggs or egg products in 2021, suggesting that the U.S. was not competitive compared to alternative suppliers in Asia. Given the current imbalance between supply and demand and rising prices attributed to depletion of close to 16 million hens the U.S. will not be in a position to export to Taiwan until early 2023.