‘NZ horticulture will hit $7 billion mark in 2023’

Agriculture Minister Damien O'Connor was happy to learn that horticulture exports will hit the record $7 billion mark in 2023. In its Situation and Outlook report on the primary sector, published late last year, MPI stated that horticultural exports for 2022 would be up by 5% on last year and go up a further 4% the following year to reach $7.5 billion.

The report attributes much of this growth to increased plantings of kiwifruit and apples coming on stream, plus continued consumer demand in overseas markets for quality fresh fruit. However, it does acknowledge warning signs that there will be lower prices for avocados in the coming year and that the grape harvest will be down. Export returns from wine will be modest over the coming two years and so-called 'other' fresh fruit exports, which includes avocados, cherries and blueberries will drop over the next couple of years.

Source: ruralnewsgroup.co.nz

Photo source: En.wikipedia.org

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