Nimble New Zealand exporters finding opportunity amid shifting trade terms
Global trade wars and uncertain tariff regimes could play into the hands of many New Zealand exporters, according to Gareth Coleman ANZ’s Head of Trade & Supply Chain.
The kiwifruit season is promising strong growth with volumes back to pre-Psa levels this season, Zespri's chief executive Lain Jager says.
The NZ industry continues to recover from the Psa outbreak, transitioning from the previous gold variety Hort16A to Gold3 with 4,593 licensed hectares in NZ.
Jager says the industry is forecasting a harvest of around 30 million trays of gold kiwifruit – 25 million of this Gold3 – surpassing the previous high of 29 million trays sold in the 2011 season. The forecast gold volume this season has nearly doubled from around 18 million trays harvested last season.
"We are also looking forward to another great Green crop this year, with more than 70 million trays forecast from a total crop volume of around 108 million trays of premium Zespri Kiwifruit," says Jager
"While the impact of Psa is still being felt across the kiwifruit industry, this remarkable turnaround is testament to the cooperative and pragmatic nature of the industry and the strong support we have received from Government."
Jager says Zespri is well on track to selling more than 50 million trays of Gold3 in 2018.
"Our in-market teams are focused on building the demand for Gold3, introducing customers and consumers around the world to this great-tasting new Zespri product," he says.
Zespri continues to serve and develop new opportunities in the long-standing markets of Japan and Europe, as well as developing new markets in economies, including China, the Middle East, and Brazil. Zespri sales in China have grown at about 30% per annum over the last decade and are forecast to continue at around 20% per annum until 2020, with China expected to be Zespri's number one market a few years' time.
Jager says Gold3 had a great reception in Japan last season and demand is strong from Zespri's customers in Japan as the new season shipment is underway.
"We're also looking forward to great-tasting fruit once again this season, helped along by the hot, dry summer and adequate rainfall."
Fresh produce grower and exporter T&G Global has overturned last year’s dismal performance by reporting a half year net profit of $1.7 million.
One of New Zealand’s largest fertiliser plants could be forced to shut down for four months as uncertainty looms over gas supply.
Federated Farmers North Canterbury president Bex Green says two public meetings held this week should have made it loud and clear that rural families and businesses are concerned about proposed staffing changes at NZ Police.
The Environmental Protection Authority (EPA) is consulting on a proposal to ban weedkillers containing chlorthal-dimethyl (DCPA).
August 6 marks Farm Worker Appreciation Day, a moment to recognise the dedication and hard mahi of dairy farm workers across Aotearoa - and DairyNZ is taking the opportunity to celebrate the skilled teams working on its two research farms.
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