Taiwan Food Industry in the First Quarter of 2011

The output of the Taiwan food industry during the first quarter of 2011 is estimated at US$ 4.35 billion, increased 4.0% compared to the previous year. Sixteen sectors display positive growth, including large industries such as frozen and chilled vegetables and fruit edible fats & oils, noodles and granulated sugar. The economic recovery during 2011, together with increasing international prices of bulk raw materials because of speculation by hot money, as well as global climate change, including drought and heavy snowfall and rain that damaged global agricultural crops....