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

 

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Callaghan Innovation: Investment To Help Deepen Innovation Reporting

Callaghan Innovation, the government’s high tech HQ for Kiwi business, is to help deepen New Zealand media coverage of the commercialisation of innovation through an arms-length partnership with independent business news service BusinessDesk. More>>

ALSO:

Tax Credits, Grants: Greens $1Bn R&D Plan

In the Party’s headline economic announcement, the Greens have launched their plan to build a smarter, more innovative economy which has as its centrepiece an additional $1 billion of government investment in research and development (R&D) above current spend, including tax breaks for business. More>>

ALSO:

Inflation: CPI Increases 0.3 Percent In June Quarter

The consumers price index (CPI) rose 0.3 percent in the June 2014 quarter, Statistics New Zealand said today. This follows rises of 0.3 percent the March quarter and 0.1 percent in the December 2013 quarter. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news