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- (-) November 2023
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New Zealand continues to be an important market for U.S. agricultural products. In 2022, New Zealand’s imports grew to a record US$ 629 million of U.S. agricultural products. Despite its relatively small population, the country is already a top...
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...
Due to the severe drought, Post forecasts a slight decrease in dairy output, estimating a decline of just over one percent to 11,441,000 MT in volume by the end of 2023 compared to 2022. Projections for 2024 are complex as several factors could lead to a significant drop in production, particularly during the first half of the year.
In recent years, wood logs and processed wood products exports have accounted for seven percent of New Zealand's commodity exports. Approximately 38 percent of New Zealand’s landmass features native and exotic forestry; of this area, production forestry currently covers 6.5 percent or 1.8 million hectares of the country.
Post forecasts fresh deciduous fruit production to rebound to 486,850 MT for apples and 625,400 MT for pears for Marketing Year (MY) 2023/24.
New Zealand apple-planted area in the 2023/2024 market year is forecast to drop substantially from 11,000 ha to 9,200 ha.
The Hotel, Restaurant, and Institutional (HRI) sector is rising again in New Zealand. This latest development is especially true of the tourism and hospitality sectors.