The total output value of Taiwan’s non-alcoholic beverage industry grew for a 10th consecutive year last year and surpassed NT$60 billion (US$2.07 billion) for the first time, the Ministry of Economic Affairs (MOEA) reported yesterday.
The sector’s output value hit a record high of NT$61 billion last year, up 3.9 percent from a year earlier, and continued a decade-long upward trend, the ministry said in a report.
In the first four months of this year, non-alcoholic beverage output rose another 2.1 percent from the same period of last year to NT$18.5 billion, the report said.
Photo: CNA
By product category, tea-based beverages remained the leading segment among non-alcoholic beverages, with the output value rising 8.3 percent year-over-year to NT$21.6 billion last year, accounting for 35.5 percent of the sector’s total value, the report said.
The industry is primarily driven by domestic demand, with over 90 percent of products sold in the local market, but firms also import a wide range of non-alcoholic beverages to meet the diverse and changing preferences of Taiwanese consumers, it said.
Those imports totaled US$215 million last year, up 5.2 percent from a year earlier, with US$31 million, or 14.4 percent of the total, coming from Japan, the biggest foreign source of non-alcoholic drinks in Taiwan’s market, the report said.
It was followed by Thailand with US$21 million at 9.9 percent, and China and Hong Kong with US$19 million at 8.9 percent, it said.
In terms of production locations domestically, of the 336 companies in Taiwan engaged in non-alcoholic beverage manufacturing, 55 companies were in Kaohsiung, or 16.4 percent of the total, followed by New Taipei City with 43 companies, Taoyuan with 41 firms and Taichung with 31.
The non-alcoholic beverage industry covers manufacturers of beverages containing no more than 0.5 percent alcohol.
This category includes tea-based drinks, sports drinks, mineral water, carbonated beverages, fruit and vegetable juices, and coffee drinks, according to the industrial classification of the Directorate-General of Budget, Accounting and Statistics.
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