NZ apples and pears revenue tops $2 billion
New Zealand’s apple and pear industry contributes almost $2 billion of total revenue impact to the national economy, according to new research from MartinJenkins.
One of the country’s largest apple packer and exporter, T&G Global is assessing damage to its facilities in Hawke’s Bay and Gisborne.
In a statement to the New Zealand Stock Exchange this morning, T&G Global chief executive Gareth Edgecombe says Cyclone Gabrielle has caused a considerable amount of damage to parts of New Zealand.
T&G Global’s immediate priority is the safety and welfare of its people, seasonal team members, partner growers and the community, he says.
“In Hawke’s Bay and Gisborne, the cyclone has impacted key infrastructure, with power and telecommunication outages, and some roads and bridges impassable.
“Some flooding has occurred in T&G’s and our partner growers’ apple orchards, and T&G’s Whakatu post-harvest facility does not currently have power.
“Detailed assessments of all facilities are underway and this will be completed over the coming week, as access to some orchards opens up.”
Edgecombe says a further market update will be made following the completion of the assessment.
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