Irish sheepmeat exports to the UK up 21% in the first seven months of 2016
Irish sheepmeat exports to the UK up 21% in the first seven months of 2016
2016-10-06 From:Agriland
However, despite the overall increase, Irish sheepmeat exports to the UK declined by 12% or 300t during the month of July this year compared to last year. A weaker Sterling following the Brexit vote is likely to have had a negative impact on export volumes, as it made Irish lamb more expensive to UK buyers. The UK is a significant market for Irish sheepmeat and any fall off in export volumes could potentially have a negative impact on Irish farm gate prices. Last year, figures from Bord Bia showed that the UK was the second largest purchaser of Irish product in 2015, accounting for 28% of Irish sheepmeat export volumes.
This figure is primarily influenced by a 14% decrease in shipments coming from New Zealand, which has been mainly driven by the shrinking New Zealand sheep flock, while sheepmeat shipments from Australia declined by 16% in July compared to the same time in 2015. Overall, the AHDB shows that the drop in imports during July had an impact on the total volume of product imported from Australia and New Zealand. Australia is the main contributor to this trend, with imports back 36% to the end of July 2016. In contrast, despite declining volumes in July, New Zealand imports increased by 3% year-on-year.
Claims:
The copyrights of articles in the website belong to authors. Please inform us if there is any violation of intellectual property and we will delete the articles immediately.
Relevent Information
more »
» Predicted growth for India's dairy and soy food sector
» Global breakfast drinks market to reach US$83.83 billion by 2026 » Aussie oat noodles target Chinese market » Aussie fresh vegetable exports grow to $281m » Snack Food Market Expected Growth to $220 Billion by 2025 » Chocolate Market to Grow at CAGR of Nearly 7% by 2023 » Quality is king in China’s infant formula market, research shows » Predicted growth for APAC functional dairy products » Online alcohol sales are increasing » Coca-Cola buys France’s Tropico to grow in the fruit drinks market |
Hot Topic
|
Chinese Food Industry Magazine
TEL:886-2-28941823 FAX:886-2-28941837 E-mail:viya@foodsourcings.com
Copyright Notice © 2010 Foodsourcings All rights reserved.
Powered by Foodsourcings & Chinese Food Industry Magazine