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The Economic Roundup is an excerpted translation of the Chinese-language ROC Economic Yearbook published by the Economic Daily News, a sister publication of the Taiwan Economic News. The yearbook is the most comprehensive and authoritative source for understanding the fundamentals of Taiwan's economy, both in the macro and micro aspects. The excerpted translation gives foreign readers a concise view of the island's overall economic picture. It is divided into four parts: general economy, primary industries, secondary industries, and tertiary industries.
 
 Primary Industries > Animal Husbandry
Among agricultural produces in Taiwan in 2005, pigs continued to rank first with production value of NT$64.4 billion, accounting for 32.34% of the island's total annual agricultural production. The other four major items are rice, chickens, betel nuts and hen's eggs.

The number of pigs raised in 2005 was estimated at 9.3 million, edging down 1% from a year earlier. The number of cows raised maintained at a stable level of 25,100 last year, which, however, was down 1.91% from 2004. The production volume of lamb posted an annual decline of 2.07% to 120,000, the market became mature and demand stayed sluggish.

With the government fully liberalizing imports of chicken products starting Jan. 1, 2005, local raisers of hens has been undertaking a structural adjustment and moving toward planned production. The production volume of chicken increased 1.23% to 210 million in 2005, and that of Taiwan-spiced chicken remained at almost the same level as 2004, at 145 million. Meanwhile, the production volume of local spiced ducks plunged 11.61% from 2004 to 27 million due mainly to duck farms in central county of Changhwa polluted with dioxin. The yield of hen's eggs declined 8.56%.

Adopting the 2001 production as a base, the production index of animal husbandry stood at 96.13 in 2005, down 3.87% from 2004. The drop has indicated that Taiwan's entry into WTO has become a key variable affecting the future development of Taiwan's animal husbandry industry.

   
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