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- (-) October 2024
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New Zealand fluid milk production is forecasted to be 21.3 million metric tons (MMT) in the 2025 market year (MY).
New Zealand has signed a free-trade deal with the United Arab Emirates - the fastest agreement the country has ever reached. After negotiations began in May, the country's trade negotiators concluded the deal in four months.
U.S. food and agricultural products have continued to prove popular in the New Zealand market. In 2023, the value of these products was a record US$ 9.3 million, US$ 3.4 million of which were consumer-oriented products.
The Government of New Zealand has passed legislation that will restrict a wide range of plastic products to be sold in New Zealand, including non-compostable produce stickers.
With the start of 2023, New Zealand has begun to experience a nation-wide egg shortage, which follows price rises for eggs during the last year. Contributing factors for the price increase and supply shortfall are labor shortages in laying operations...
New Zealand is by far the largest exporter of deer meat and products in the world. The first commercial deer farm in New Zealand was established in the early 1970s and since then, the industry has grown into an on-average NZ$280 million (US$175 million) per year export earner for the country’s agricultural sector.
New Zealand is the second largest exporter of lamb meat in the world, only slightly below Australia, and also one of the top exporters of wool. Today the national sheep herd is far less than half of its peak of approximately over 70 million in the 1980s, having declined to only 26 million today. Despite the national flock continuing to decline, during the last decade meat production and exports have remained stable.