Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Emerging economies driving growth in food & beverage sector

Hon Steven Joyce
Minister for Economic Development

3 April 2012

Emerging economies driving growth in food & beverage sector

Economic Development Minister Steven Joyce has today released a report showing growth in the New Zealand food and beverage sector is being driven by the Asia-Pacific region and other emerging economies.

The report, an Investor’s Guide to the New Zealand Food & Beverage Industry 2013, says that Asia is now New Zealand’s largest export country destination, accounting for more than 40 per cent of export value.

“The report confirms China is the single largest food and beverage export destination, and Asian countries make up 10 of the top 25 destinations. The New Zealand primary sector is in the middle of a fundamental transition from feeding Westerners to feeding the Asia-Pacific region,” Mr Joyce says.

The report suggests that growth in the New Zealand food and beverage sector is being driven largely by East Asia, followed by solid performers such as Australia/Pacific and South-East Asia, and smaller but fast-growing export markets like South Africa and South Asia. Our traditional export markets like North America and Europe are growing slowly.

The Investor’s Guide to the New Zealand Food & Beverage Industry 2013 report, by Coriolis Research, is an updated version of the report of the same name from 2011. It makes a strong, factual case for investment in the New Zealand food and beverage sector.

The report is part of a suite of reports released under the Food & Beverage Information Project – the most comprehensive analysis of New Zealand’s food industry ever undertaken. The objective of the report is to makes a strong, factual case for investment in the New Zealand food and beverage sector.

The report is available at www.foodandbeverage.govt.nz.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Ch-Ch-Changes At IRD

job cuts aren’t happening at the IRD, exactly. Instead, there’s apparently a ‘transformation’ in store, and jobs won’t be axed ; no, they will be ‘transformed’ before our eyes into… non-jobs, if you happen to be among the unlucky legion of 1,900 who are being lined up for transformation, which seems to work rather like a secular version of the Rapture.

Except that at IRD, not even your shoes will be left behind. More>>

 

Christchurch Mental Health: Hospital Too 'Awful' For Reviewers To Visit

Jonathan Coleman has to stop the stalling over a new building for mental health services in Christchurch to replace the quake damaged Princess Margaret Hospital, says Labour’s Health spokesperson David Clark... More>>

ALSO:

Greens Call For Govt Action: Children Sick Because Of NZ Housing

The Royal Australasian College of Physicians president-elect said today that children with preventable respiratory illnesses are being re-admitted to hospital because they're being sent back to cold, damp homes. More>>

ALSO:

Less Tax Cut, More Spending: Labour Launches Fiscal Plan

“Labour will invest $8 billion more in health, $4 billion more in education and $5 billion more for Kiwi families through Working for Families, Best Start and the Winter Energy Payment than the Budget 2017 projections for the forecast period.” More>>

ALSO:

Gordon Campbell: On The Greens’ Room For Political Pragmatism

The Greens here are currently being criticized by the commentariat for not making the same kind of pragmatic choices that sunk the Democrats in Australia. More>>

Gordon Campbell: On Being Humane About Welfare, Child Support, And Tax

It made for an unusual Venn diagram, but Greens co-leader Metiria Turei and Finance Minister Steven Joyce were briefly sharing some common elements this week in the set that says – hey, don’t use the powers of the state in ways guaranteed to make the system you’re trying to defend worse, not better. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election