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

 

Horticultural production tops $7B, led by wine and apples

Horticultural production tops $7 billion, driven by wine and apples

By Fiona Rotherham

April 24 (BusinessDesk) - Horticultural production has topped $7 billion for the first time, with good growth in nearly all the main industries, including wine, apples, potatoes, and onions.

The latest edition of the industry publication Fresh Facts shows in the year to June 30 2014 the horticultural industry was calculated to reach $7.16 billion in production, up from $6.7 billion the year before.

Exports rose by $300 million to $3.9 billion, an increase of nearly 7 percent on the previous year.

Horticulture New Zealand chief executive Peter Silcock said New Zealand’s horticultural exports equated to more than three times the comparative return achieved by dairy merchandise exports because of the high productivity of horticultural land.

Horticulture exports of $3.9 billion are produced off 1123,000 hectares of land, versus dairy exports of $16.9 billion from 1.7 million hectares.

Silcock is confident the sector will achieve its target of $10 billion of production by 2020.

The top export destination is Australia, which hit $872 million compared to $791 million in 2013, while the US has increased its intake from $415 million in 2013 to $489 million this year. Two of the top 10 export destinations decreased this year, with the Netherlands falling from $141 million in 2013 to $108 million this year and Spain down by $4 million to $70 million.

Wine continues to be the biggest horticultural export at $1.3 billion in 2014 compared to $1.2 billion in 2013. Sauvignon blanc remains the dominant variety produced, at 310,240 tonnes of the 445,000 tonne total. The total wine grape tonnage was up 29 percent on the previous year, partly due to the average yield increasing from 9.8 tonnes per hectare to 12.6 t/ha.

Kiwifruit is the largest fresh fruit export at $930 million, although that is down $65 million on 2010 figures, following the Psa virus crisis. Exports of gold kiwifruit are recovering in the current export season.

Apple exports exceeded $500 million for the first time, with more than 20 percent by weight coming from New Zealand-bred cultivars such as Jazz and Envy. Exports of $536 million (free on board) were up $61 million on 2013 to the highest level in the past decade, despite reduced volume because of hail strike, and down 2 per cent on 2013.

Avocados were one of two crops to record significant export increases, up $59.3 million to $93 million in 2014 over the previous year, and compared to just $29 million in 2005. Avocados were identified last year as a potentially high growth segment for New Zealand horticultural exports to Asia in a report for the Ministry of Business, Innovation and Employment by the food consultancy firm, Coriolis.

The other area to see strong growth was natural honey, where exports of $187 million were an increase of 29 percent, or $42 million, on 2013 and nearly three times the figure in 2008.

(BusinessDesk)

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


FIRST Union: Do Shareholders Realise Marsden Point Conversion Could Cost More Than Half A Billion Dollars?

FIRST Union, the union representing workers at Refining NZ, are querying whether shareholders voting on Friday on whether to convert the Marsden Point refinery to an import-only terminal realise the conversion could cost $650-700 million dollars... More>>



Civil Contractors: Massive Rebound In Civil Construction Business Confidence

New Zealand’s civil construction industry is riding a massive rebound in post-pandemic business confidence – but this may be undermined by skills shortages, which continue to be the industry’s number one challenge... More>>



Energy: Feeling Our Way Towards Hydrogen - Tina Schirr

Right now hydrogen is getting a lot of attention. Many countries are focusing on producing hydrogen for fuel, or procuring it, or planning for its future use... More>>


Transport: July 2021 New Vehicle Registrations Boosted By EV Rebate Scheme
Motor Industry Association Chief Executive David Crawford says that July 2021 sales of new vehicles were boosted by the recently introduced rebate scheme. July 2021 registrations were 15,053 units compared to 12,263 units for July 2020... More>>



ASB: New Support Finder Tool Helps Connect Customers With Thousands In Government Support

ASB research alongside benefit numbers from the Ministry of Social Development shows an increased number of Kiwis are struggling financially, and many may not be aware they’re eligible for government support... More>>


Housing: New Home Consents Continue To Break Records

A record 44,299 new homes were consented in the year ended June 2021, Stats NZ said today. “The annual number of new homes consented rose again in the June 2021 year, the fourth consecutive month of rises,” construction statistics manager Michael Heslop said... More>>