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

 

Seafood Exports On Track For Record Breaking Year

Media release
5/10/99

SEAFOOD EXPORTS ON TRACK FOR RECORD BREAKING YEAR.


The New Zealand Seafood Industry Council is pleased to announce that seafood exports are on track to earn more than $1.3 billion this year.

Exports have continued to rocket away with a 10.14 percent increase in exports recorded for the 7 months to July 1999.

Seafood Industry council general manager Trade and Policy Alastair Macfarlane, said recent GDP figures released by Statistics New Zealand painted a misleading picture of seafood exports by focusing on a small drop in volumes.

“Most of that drop can be attributed to squid, which is a fishery that can fluctuate considerably from season to season due to the forces of nature. However the value of our seafood exports overall has continued to rise significantly.”

Mr Macfarlane said hoki and mussels were the star export performers.

“But there is also some impressive growth in the scallop industry, and the paua and oysters industries are also showing appreciable growth.”

“New Zealand seafood processors have ensured the increase in export returns by adding considerable value to their products. The New Zealand Seafood Industry has also developed a reputation for delivering quality products that are in high demand in the international marketplace.”

“Seafood exporters have faced some daunting challenges in the international market place in the last decade but they have overcome them with active marketing and innovative product development. The New Zealand Seafood industry is now well placed to continue to make some spectacular export gains.”

“Importantly the growth is being achieved within a sustainable fisheries regime that is the envy of the world. Managing our resources sustainably also ensures the Seafood Industry has a solid foundation to sustain future export value increases.”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Serious Fraud Office: Commences Enquiries Into Allegations Of COVID-19 Wage Subsidy Fraud
The Serious Fraud Office has commenced a number of enquiries into alleged abuse of the Government’s COVID-19 Wage Subsidy. Director Julie Read said the allegations relate to multiple complex cases of potential fraud that have been referred to the agency following extensive investigations ... More>>



Environment: Preliminary Environmental Data On New Zealand’s Air Quality Released Today

The Ministry for the Environment and Stats NZ have published the Our air 2021: preliminary data release today. We are currently working to revise the Our air 2021 report to incorporate analysis of the World Health Organization (WHO) 2021 air quality guidelines that were released on 23 September 2021... More>>


Statistics: Food Prices Rise For Sixth Consecutive Month
Food prices rose 0.5 percent in September 2021 compared with August 2021, mainly influenced by higher prices for grocery food and meat, poultry, and fish, Stats NZ said today. September’s movement is the sixth consecutive monthly rise. After adjusting for seasonality, prices rose 0.9 percent... More>>



Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>


Transpower: Releases Independent Report Into Events Of August 9
Transpower’s Chief Executive Alison Andrew has today released an independent report into the grid emergency of August 9 when insufficient generation was available to meet demand, leading to some customers being disconnected... More>>

Bayleys: Latest Lockdown Adds Further Fuel To Industrial Property Market

The recent construction shutdown resulting from Auckland’s Covid 19’s lockdown restrictions has put additional pressure on an industrial property market that is already struggling to keep pace with demand... More>>