Vietnam is the second largest supplier of cassava starch to the Taiwan market

Published 2023년 9월 28일

Tridge summary

The Taiwanese market has seen a decline in imports of cassava starch and cassava in the first 8 months of 2023 compared to the same period in 2022. Thailand, Vietnam, Indonesia, and Laos are the largest suppliers of cassava starch to Taiwan, with Indonesia experiencing a significant increase in imports. Vietnam's market share for cassava starch in Taiwan has increased slightly, but it is unlikely that exports will see strong growth in the near future due to low demand and competition from other suppliers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: congthuong.vn The Import-Export Department (Ministry of Industry and Trade) cited statistics from the Taiwan Finance Authority (China) saying that in the first 8 months of 2023, the Taiwan market imported 220.39 thousand tons of cassava starch ( HS 110814), worth 114.47 million USD, down 34.7% in volume and 36.1% in value compared to the same period in 2022. Thailand, Vietnam, Indonesia, and Laos are the largest markets supplying cassava starch to the Taiwan market. In particular, Taiwan's tapioca starch imports from Thailand, Vietnam, and Laos decreased; while imports from Indonesia increased sharply over the same period in 2022. In the first 8 months of 2023, Vietnam is the second largest market supplying cassava starch in the Taiwan market, reaching 30.61 thousand tons, worth nearly 15.6 million USD, down 18.3% in volume and down 21.3% in value compared to the same period in 2022. Vietnam's cassava starch market share accounts for 13.89% of the total imported cassava ...
Source: AgroInfo.vn

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