US beef exports to Taiwan, Caribbean and ASEAN post strong gains
Taiwan chilled beef market share holds at two-thirds through April
US beef exports to Taiwan reached 4,892 metric tons in April, up 9% from a year ago, while value increased 3% to $55.8 million, according to the US Meat Export Federation. Through April, exports to Taiwan rose 19% to 19,801 mt, with value up 11% to $224.2 million. The US holds two-thirds of Taiwan's chilled beef import market.
Exports to the Caribbean climbed 17% in April to 3,275 mt, with value up 35% to $38.6 million, driven by growth across most islands including the Dominican Republic, the Bahamas and the Netherlands Antilles. Through April, exports to the region were up 8% to 12,271 mt, with value up 29% to $141.4 million.
Exports to the ASEAN region reached 3,555 mt in April, up 48% from a year ago, with value up 50% to just under $30 million. Growth was driven by shipments to Indonesia rebounding from last year's minimal total to their highest level since December, and demand in Vietnam strengthening to its highest level since October. Through April, exports to ASEAN climbed 31% in volume to 11,049 mt and 38% in value to $94.4 million.