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

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news