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

 

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

March 2017: Commerce Commission Delays Decision On Fairfax-NZME

The Commerce Commission has delayed its decision on the proposed merger between NZME and Fairfax Media's New Zealand assets, saying the deal is complex and it needs more time to assess the impact on both news content and the advertising market. More>>

ALSO:

Plan Plan: Permanent Independent Hearings Panel Proposed For Planning

The Productivity Commission recommends creating a permanent independent hearings panel like the one that cut through local politics to settle Auckland’s Unitary Plan, for the whole country. More>>

ALSO:

Statistics: NZ Jobless Rate Falls To 5.1% Under New Methodology

New Zealand's unemployment rate fell more than expected in the second quarter as Statistics New Zealand adopted a new way of measuring the labour market to bring the country in line with international practices, and while a growing economy continued to support jobs growth. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news