Zespri hits major milestone
Kiwifruit marketer Zespri says its kiwifruit has now reached more than 100 million households globally.
According to new figures from Stats NZ, kiwifruit exports were valued at $3.1 billion in the year ended August 2024.
This marks a 20% ($524 million) increase on the same period in 2023.
Stats NZ international trade manager Viki Ward says kiwifruit export values for the season so far are the highest they have ever been.
“The kiwifruit export season is typically from March to November,” Ward says.
Gold kiwifruit exports were $2.4 billion, up $457 million (24%) from the year ended August 2023, driven largely by an increase in quality (up 23%).
Green kiwifruit were valued at $737 million, up $67 million (9.9%) over the same period an increase driven by a price increase (up 9%).
Typically, gold kiwifruit have a higher unit price than green.
“Growers in New Zealand are increasingly planting gold, and now red, kiwifruit, to capture greater export value in markets like China and Japan,” Ward says.
The top destination for gold kiwifruit is China, while the top destination for green is the European Union.
New tariffs imposed by President Donald Trump signal an uncertain future, but New Zealand farmers know how to adapt to changing conditions, says Auriga Martin, chief executive of Farm Focus.
A global trade war beckons, which is bad news for a small open economy like New Zealand, warns Mark Smith ASB senior economist.
Carterton's Awakare Farm has long stood as a place where family, tradition and innovation intersect.
Fonterra says the US continues to be an important market for New Zealand dairy and the co-op.
Trade and Agriculture Minister Todd McClay says New Zealand's trade interests are best served in a world where trade flows freely.
New Zealand's red meat sector says it is disappointed by the United States' decision to impose tariffs on New Zealand exports.