NZ beef exports set to rise

Meat is NZ's second largest goods export. (Image: Unsplash)

Wed, 05 Jan 2022

New Zealand’s beef exports are tipped to increase slightly through to 2026 as output lifts and domestic consumption eases, said Fitch Solutions. Beef production is expected to increase from 733,000 tonnes in 2022 to 794,000 tonnes in 2026, it said.However, Fitch Solutions noted beef consumption in NZ has been on a downtrend over the past decade, something that is expected to continue. “Between 2022 and 2026 we forecast beef consumption to decline by an average of 0.5% year-on-year, with consumption of around 100,000 tonnes...

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