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

 


Strong Export Seed Season

Strong Export Seed Season

New Zealand seed growers enjoyed another strong export season in 2013.

Radish, carrots, ryegrass and white and red clover are just some of the high value export seed crops grown in this country every year, many of them in Canterbury, and exported to over 60 world New data sourced from Statistics New Zealand show the total value of seed exports was $192 million up $24 million or 14 per cent for the year ended December 2013, compared with the previous year.

Herbage seed (ryegrass, clover and other grasses) accounts for 53 per cent of total seed exports by value. Vegetable seed has 47 per cent share.

Australia is the biggest market for pasture seed, accounting for 16 per cent of total shipments.

Northern hemisphere markets remain hugely important for New Zealand vegetable seeds and Asian sales are steady with good growth opportunities. The Netherlands is the number 1 export market by value for carrots, radish and other vegetable seeds.

Thomas Chin, general manager of the New Zealand Grain and Seed Trade Association, says growers, processors and exporters have every reason to be pleased with the latest export data.

“These are high value goods helping move New Zealand agriculture beyond the traditional mix of The industry continues to work with government trade officials to regain brassica seed access to China as soon as possible, Chin says.

“Our capacity to supply the Chinese market, which has significant growth potential, has been hampered by Chinas’s ban on New Zealand brassica seed imports following the 2011 detection of blackleg, a pest which ironically is also present in China.”

Future industry growth will continue to be driven through enabling new crop types, focusing on high value speciality seed products and securing new markets.

“Recent announcements regarding trade agreements with Taiwan, continuing talks with South Korea and Columbia, and the Trans Pacific Partnership (TPP) agreement have all lifted the seed sector’s confidence in future growth opportunities.

“New Zealand is a world leader in seed multiplication and our strong export performance responds to and is consistent with the Government’s Business Growth Agenda and its goal to increase the ratio of exports to GDP from the current 30 per cent to 40 per cent of GDP by 2025. Going forward, seed production for overseas sale will continue to be big business for New Zealand.”

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news