Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News

Taiwan Impacted as Agricultural Trade Disrupted by Coronavirus

25.02.2020 15:25 "Agro Perspectiva" (Kyiv) — Following are selected highlights from a report issued by a U. S. Department of Agriculture attache in The Taipei (Taiwan), as of February 10, 2020, Taiwan is beginning to feel the trade impacts of the outbreak of the Novel Coronavirus (2019-nCoV) due to vessel delays and newly introduced country-by-country quarantine measures. Most international shipping vessels operate on routes or «strings» between major North American, Asian, and African ports. These vessels call on a series of destinations transporting consumer goods via containers to the United States and backhauling containers full of agricultural and other exports to major world markets. Any delay on a vessel string can have a cascading impact that reduces availability and increases costs to export shippers. Taiwan is normally not the only destination for container ships, neither is it the first stop in Asia, thus is it vulnerable to disruptions caused by the actions of neighboring countries. Australia and Vietnam have recently both announced 14-day quarantine requirements on any vessels outbound from China, thereby delaying vessels in transit through these major hubs. Other nations may follow suit. Seven of the world’s top ten container ports are in in China. Normally during the Chinese Lunar New Year - Spring Festival, most steamship lines (SSLs) skip one to two port call due to reduced demand and idled ports. However, to date, almost all major steamship lines, including Maersk, MSC, Hapag-Lloyd, ONE, and CMA-CGM, have announced additional vessel skips or delays. So far, Taiwan’s two major SSLs, Evergreen and Yang Ming, have been sending out private notifications but have not made any public announcement of additional vessel delays. Contacts report that international grain and other agricultural exporters are struggling to fulfill certain commitments due to logistical delays. Furthermore, contacts among grain traders are commenting that this is the worst period of delay since the 2015 U. S. West Coast port strike. To illustrate this, contacts in the trade report that some export shipments will be delayed to March or even April and that there is a risk of force majeure on existing contracts. Exports of livestock products could be disrupted as vessels risk idling off coasts to meet new quarantine requirements and closures could put existing shipments of perishable products stuck in port at risk for spoilage. These issues come at a time when many international shippers were already expecting increased costs as SSLs raise or impose higher low-sulfur fuel charges due to new environmental regulations. Offered prices are increasing as vessel space remains limited and nCoV-2019 adds to an increasingly challenging start to 2020. Air cargo is also being disrupted. On Monday, February 3, 2020, British Airways IAG Cargo cancelled all services to and from China for the remainder of the month. DHL has been quoted as reporting that there are, «severe disruptions to inbound and outbound air cargo shipments, trucking and rail cargo services.» Moreover, UPS announced an agreement with its pilot union that flying to China will be voluntary amid the continued outbreak. FedEx has announced that international flights have not been affected, but local logistics within China has. Many highly perishable agricultural products often move via air cargo, further increasing the strain on export shippers looking for alternatives given container delays. Again, logistical issues affecting China are expected to ripple outward to Taiwan and neighboring economies. In summary, U.S. agricultural exports to Taiwan and other destinations in Asia face many logistical and transportation challenges coming out of the Lunar New Year holiday due to the Novel Coronavirus and these are not expected to ease soon.

Agro Perspectiva

< Hunger threatens over half of the population in South Sudan All news for
25.02.2020
Total Russian grain exports in MY 2019/2020 may reach 45MMT >

13.03.2025  
07:39 Global wheat production is estimated at 796 MMT in 2025
07:33 Early wheat production prospects for 2025 point to potential increase
03:35 The FAO Food Price Index rose in February 2025, driven by higher sugar, dairy and vegetable oil prices
12.03.2025  
06:47 European Union Soybean Meal Imports to Reach 9-Year High
11.03.2025  
20:14 EU Wheat Exports Fall to Lowest Level in 6 Years
07.03.2025  
16:14 EBRD extends new guarantee to OTP Leasing Ukraine to unlock EUR160 million of new finance
27.02.2025  
08:34 EBRD revises down Ukraine’s 2025 growth forecast
26.02.2025  
10:01 Pistachios. Global production for 2024/25 is forecast to rise 7 percent to 1.2 million metric tons
09:47 An ambitious vision for agriculture that seeks to reconnect with on-the-ground realities cannot ignore the debate on the CAP budget
19.02.2025  
10:43 “Bold investments” needed to address challenging nutritional burden in Africa, FAO says
07:13 Green Climate Fund greenlights two major FAO-led projects to strengthen climate resilience in Kenya and Serbia
12.02.2025  
10:01 China Corn Imports Fall on Weaker Domestic Demand
09:06 China’s Imported Oilseed Meal Supplies Shift Slightly to Mid-Protein Meals
08.02.2025  
18:20 Cereal stocks set to decline in 2024/25 due to anticipated reductions in wheat and maize inventories
18:00 FAO Food Price index declined in January 2025, mostly due to lower sugar, vegetable oil and meat prices
06.02.2025  
16:28 Ukraine considers SCZone site for food hub in Egypt – ministry
16:16 Since the beginning of 2025, 549 agricultural enterprises have received UAH 2.3 billion under the Affordable Loans at 5-7-9 programme published
03.02.2025  
23:55 Ukraine's Ministry of Agrarian policy allocates sugar export quotas to EU
31.01.2025  
17:20 Global orange production for 2024/25 is forecast down 662,000 tons to 45.2 MT
17:15 Argentina Lemon/Lime Exports Continue to Decline
24.01.2025  
16:38 Ukraine’s agricultural sector earned $24.5 bln in 2024, setting second historical record
23.01.2025  
15:46 Eurobarometer survey shows strong support for the Common Agricultural Policy (CAP)
22.01.2025  
20:54 Since the beginning of 2025, 117 agricultural enterprises have received UAH 318.7 million under the Affordable Loans at 5-7-9 programme
20:43 Ukrainian agricultural land needs to be cleared and returned to circulation as soon as possible
21.01.2025  
21:45 A groundbreaking new study, “Governance and resilience as entry points for transforming food systems in the countdown to 2030”. Key Findings
21:37 Nitrogen use efficiency must be improved to reduce harm to human and environmental health
11.01.2025  
11:16 Russia Grain Export Quota to Curb Wheat Exports in 2025
09:12 Iraq Emerges as a Soybean Importer
08.01.2025  
22:13 FAO Food Price Index dips during the month of December
18:49 FAO calls for urgent action to address widening famine in Sudan
22.12.2024  
05:26 FAO transfers 185 generators, 6,474 grain hoses to Ukrainian farmers in 2024
03:53 The EU agri-food trade surplus increased by 15% in September 2024, reaching EUR 6 billion
19.12.2024  
09:05 World coffee production for 2024/25 is forecast 6.9 million bags higher
18.12.2024  
23:11 China’s Expanding Coffee Consumption
17.12.2024  
22:37 Bangladesh Soybean Import Recovery Expected to Continue
14.12.2024  
21:03 World apple production for 2024/25 is forecast to fall nearly 350,000 tons to 84.0 million
13.12.2024  
09:11 U.S. Fresh Pear Exports Fall on Historically Low Harvest
10.12.2024  
21:03 Indonesia Grain Imports to Subside after 2023/24 Record
08:14 Higher vegetable oil quotations drive up FAO Food Price Index, but lower cereal and sugar prices temper the rise
07:45 Cereal trade revised downwards amid weaker demand
02.12.2024  
23:17 Prime Minister: Some 50 partner countries have joined the humanitarian demining coalition
22:56 Norway pledges additional $4.5 mln to Ukraine's Grain from Ukraine initiative
01.12.2024  
03:30 EU agri-food trade slowed down in August 2024
26.11.2024  
00:06 Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million
24.11.2024  
04:43 During the Operation of Our Grain From Ukraine Program, We Have Managed to Save 20 Million People from Hunger – Zelenskyy
04:15 Ukraine Is Ready to Share Technologies, Military Experiences and Processing Methods with African Countries – the President
22.11.2024  
10:15 South Africa Sugar Production and Exports Estimated Down
19.11.2024  
23:04 Global Olive Oil Production Forecast to Rebound in 2024/25
22:47 Vitalii Koval discusses Ukraine's European integration with European colleagues
16:06 EBRD, European Union and United States help Kyiv prepare for winter

Also available: 


NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2025 © Agrarika, ltd.
tel.: +380 67 4473802; +380 67 5964652
e-mail: client@agroperspectiva.com