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

 


Primary sector exports reach record levels

Hon Nathan Guy

Minister for Primary Industries


9 June 2014 Media Statement
Primary sector exports reach record levels

Primary Industries Minister Nathan Guy says new figures released today show primary sector exports will reach record levels of $37.7b over the last year – around $1.3b more than previously forecast.

The Ministry for Primary Industries today released Situation and Outlook for Primary Industries 2014 (SOPI 2014) ¬– an annual publication that provides a snapshot and forecast for our major primary sectors over the next four years.

“SOPI 2014 reveals export prices increased across most sectors for the year ending June 2014. Both dairy and forestry sectors stood out with good increases in both price and production,” says Mr Guy.

“Dairy now accounts for 46 percent of total primary industry export value and 35 percent of total New Zealand merchandise export value. High price levels for dairy were underpinned by robust demand from China, which remains an important market for dairy, meat and wool, seafood and logs.

“Meat and wool exports have broken $8 billion, which is fantastic considering last year’s drought. Exports are expected to increase by around 22 percent for the five years to 2018.

“Demand for logs from China is driving the growth of the forestry sector, with export value reaching $5.1 billion at the end of June 2014. Domestic demand for sawn timber is expected to increase with the Auckland and Christchurch housing markets growing.

“SOPI also forecasts horticulture export revenues to surpass $4 billion in 2016, a major milestone for the sector. Last week’s National Horticulture Fieldays in Hawke’s Bay was a great showcase of the potential of this exciting industry.

“Export earnings for the New Zealand seafood industry are expected to increase to $1.64 billion in 2018, with prices likely to remain high due to strong demand from China, Australia, US and the EU.

“This results are helped by programmes such as the Primary Growth Partnership (PGP), Sustainable Farming Fund, and the Irrigation Acceleration Fund which all deliver long-term value to the sector, and the New Zealand economy.

“This report makes great reading for New Zealand’s primary industries as it enters the 2014/15 year, and I’m anticipating positive vibes at this week’s Mystery Creek National Fieldays,” says Mr Guy.

The full report is available on MPI’s website – www.mpi.govt.nz/sopi14


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Re-Entry: Why Has Pike Footage Been Hidden For So Long?

New footage of workers servicing a robot in the Pike River drift appears to show that going into the drift doesn’t pose the danger the Government and Solid Energy claimed, says Leader of the Opposition Andrew Little. More>>

Mines Rescue Service On Footage
The video footage shown by media in the last 24 hours shows two Mines Rescue members wearing compressed air breathing apparatus completing final tasks before a robot was sent into the main drift at the Pike River mine. More>>

Police Response: Statement On Pike River Mine Footage
Police has been absolutely committed to ensuring transparency with the families of the Pike River miners and we reject any suggestion that information has been deliberately withheld by police. More>>

 

Recovery: Economic Impact Of Kaikōura Quake Revealed

The report details the impact on small businesses and tourism caused by disruptions to transport infrastructure and the economic impacts... The impact on New Zealand’s Gross Domestic Product (GDP) over the first 18 months following the earthquake has been estimated at $450-$500 million. More>>

ALSO:

Human Rights Commission: Urgent Need For Action On Seclusion And Restraint

Chief Human Rights Commissioner David Rutherford says that while the report makes for sobering reading, the focus should now be on how the recommendations can be used to reduce the occurrence of seclusion and restraint in New Zealand and, in circumstances where it is necessary, to improve practices. More>>

ALSO:

CORRECTIONS (March 2017):

SCHOOL SECLUSION ROOMS (2016):

$11bn Capital Spend, New Debt Target: Steven Joyce On Budget Priorities

First, delivering better public services for a growing country – providing all New Zealanders with the opportunity to lead successful independent lives... And finally, we remain committed to reducing the tax burden and in particular the impact of marginal tax rates on lower and middle income earners, when we have the room to do so. More>>

ALSO:

JustSpeak Report: Bail Changes To Blame For New Billion Dollar Prison

In 2013 criminal justice spending was falling and the Government was mulling over what to spend the money on. 3 years later there are 10,000 people in prison and a new billion dollar prison is announced. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news