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New Zealand’s grain and feed sector is relatively small on a global scale, producing around 2.1 million metric tons (MMT) annually, well below the country’s total demand for feed, leading to the import of approximately 60 percent of its grain and feed needs.
This report provides an overview of the New Zealand wine market as of the publication date. New Zealand imports wine from all over the world, indicating that consumers in the country are open to exploring various wine regions.
Favorable pricing and weather conditions for New Zealand cattle farmers have resulted in a retention of finishing cattle on farms and less slaughter in 2024. Farm operations face challenges with continuing financial pressure such as high debt, increasing on-farm inflation, and declining farmgate margins.
The New Zealand government has introduced the Gene Technology Bill 2024, aiming to establish a modern regulatory framework for gene technology and genetically modified organisms (GMOs).
The Hotel, Restaurant, and Institutional (HRI) sector is seeing signs of recovery in New Zealand (NZ). However, aches and pains still exist. Meanwhile, NZ continues to recover from a cost-of-living crisis, which sadly caused restaurants to close their doors.
The New Zealand Government is in the final stages of amending its Climate Change Response Act 2002 to remove agriculture activities from the New Zealand Emissions Trading Scheme.
In New Zealand, genetically engineered (GE) products are regulated under the 1996 Hazardous Substances and New Organisms Act (HSNO) and administered by the Environmental Protection Authority (EPA). On October 14, 2023, New Zealand held a general election, which resulted in a change in Government.
New Zealand’s apple-planted area in the 2024/2025 market year (MY) is forecast to increase substantially to 11,100 hectares (ha) from the significant damage to farms due to Cyclone Gabrielle in February 2023.
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.
FAS/Wellington 2025 market year production forecast would be the highest annual production on record, If realized. In addition, post is forecasting that beef and veal exports in 2025 to also be the highest volume for New Zealand in a single year.