Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Dairy product exports grow for 20 years – newsletter

Dairy product exports grow for 20 years – newsletter

10 October 2013

New Zealand is exporting more and more dairy products and the world is paying slightly more for them.

In dairy exports, Statistics New Zealand releases an infographic that shows this growth over 20 years.


Click for big version.

An accompanying article Dairy export prices and volumes move upward over 20 years, shows the volume of dairy exports is four times as high and prices are up 15 percent.

As the volume of dairy exports has risen, production has also increased to support the growth. In 2012 New Zealand had 6.4 million dairy cattle, compared with 3.5 million in 1992. The numbers of sheep and beef cattle have both fallen over this period.

The value of dairy exports increased from $2.5 billion to $11.4 billion between 1992 and 2012.

“New Zealand is now more diversified in the countries it exports dairy products to. In the 1960s, we exported dairy products mainly to the UK, but this has changed to include the Middle East, Southeast Asia, and North Africa,” Statistics NZ prices manager Chris Pike said.

Between 1992 and 2012, China moved from being New Zealand’s 31st destination for dairy products to being number one – annual exports to China increased from $12.8 million to $2.6 billion over the 20 years.

“China has grown from a multi-million to a multi-billion dollar dairy export market for New Zealand,” Mr Pike said.

In contrast, the United Kingdom has gone from the top spot to being our 45th destination for dairy exports. In 1973, the UK joined what is now the European Union; since then dairy exports to the UK as a percentage of our total dairy exports has fallen away. In 2012, the UK took just 0.3 percent of New Zealand’s dairy exports.

For more information on dairy exports, and to read the Price Index News released today by Statistics NZ, visit www.stats.govt.nz.

For more information about these statistics: Visit Price Index News: October 2013 – newsletter

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news