Direct Taiwan-China Links Boost Seafood Industry
Historic new direct transport links between Taiwan and the Chinese mainland are to set be a boon for seafood producers and consumers.
Direct shipping links and flights across the straits began again on Monday after a break of 60 years, during which operators had to detour via an intermediate port.
Seafood producers can now ship products between the two markets much more quickly and at a reduced cost.
More than 60 mainland ports and 11 on the island have been opened to shipping with direct flights also linking major cities.
Taiwan specialties such as grouper are now expected to be even bigger sellers on the mainland.
Taiwan currently produces 13,000 tons of grouper annually, 95 percent of which is destined for the mainland. But its current price of $28 per kilogram is set to halve as the previous delivery time of 72 hours falls to less than 24 hours, improving freshness and quality.
According to www.99sj.com, Taiwan exports of grouper to the mainland could reach $100 million by November next year, while exports of other products including milkfish and shellfish will also grow.
China’s exports of dried seafood to Taiwan could also be boosted.