Not exact matches
«Economic
growth, increasing population and preference for
dairy products» will continue to drive demand for EU
dairy exports between now and 2022, it said.
«The continued expansion of world demand, resulting from global population and economic
growth and increasing preference for
dairy products are expected to be the main drivers, fuelling EU
exports and sustaining commodity prices,» said the EC report.
New Zealand's food
exports have long been dominated by lamb and
dairy, but new reports highlight the rapidly - emerging categories displaying double - digit
growth rates.
Today, milk from 1 in 7 trucks leaving American
dairy farms ends up in products and ingredients sold overseas, making
exports a vital
growth path for farmers and processors alike.
Exports of sheep / lamb meat, cosmetics, alcoholic drinks,
dairy products and chicken all showed exceptional
growth.
Dairy was the best performing sector in the first half of 2011 with
growth of 30.5 % to # 607.2 m, including a 24.1 % increase in cheddar
exports.
Dairy products are New Zealand's largest commodity export and lower global prices are putting pressure on the nation's dairy farmers, weighing on the outlook for economic growth and putting dairy sector debt on the Reserve Bank's radar as a growing risk to financial stabi
Dairy products are New Zealand's largest commodity
export and lower global prices are putting pressure on the nation's
dairy farmers, weighing on the outlook for economic growth and putting dairy sector debt on the Reserve Bank's radar as a growing risk to financial stabi
dairy farmers, weighing on the outlook for economic
growth and putting
dairy sector debt on the Reserve Bank's radar as a growing risk to financial stabi
dairy sector debt on the Reserve Bank's radar as a growing risk to financial stability.
Slowing economic
growth in New Zealand's top
export market, China, and a global oversupply of milk products have seen
dairy prices plummet after reaching record highs in 2013.
Vincent Buckley, IDB chairman, emphasised the strategic importance of Britain as a location within which to drive the
growth of Irish
dairy exports.
Other
dairy products that enjoyed substantial
growth this year were skimmed and whole milk powders, each attained
export sales of $ 180m ($ 215m), up 46 % and 55 % respectively.
The global
dairy market appears to be headed into another period of milk «supply scarcity» in the next 12 months as production
growth begins to slow in the world's major
export regions, Rabobank has claimed.
A recovery in the value of
dairy products, New Zealand's biggest
export, may bolster the nation's economic
growth and make the central bank wary of cutting interest rates much further to boost weak inflation.