Incomes from cherry exports would increase to 8.19 billion by 2025

Incomes from cherry exports would increase to 8.19 billion by 2025

Cherry industry New Zealand
A promising future
Cherry industry New Zealand

This was pointed out by the Ministry of Primary Industries in a report published a few days ago, where they revealed the promising future of the cherry industry. Export incomes are projected to rise to $8.19 billion by 2025, surpassing forestry.

These figures reinforce what have been quite positive seasons for the country, especially in Central Otago, where a significant portion of the fruit is grown. Without going any further, until mid-June of 2023, exports increased by 8% to 84 million dollars, as indicated in the document, and are expected to grow 14% to 96 million dollars in the year to 30 June 2024.

On the other hand, because the Chinese New Year will take place on February 10, producers will have a longer period of time to send their products to this market, and also others that are key for bilateral businesses.

Air connections and low prices

The transportation of fruit is another of the favorable points in the business strategy, additional air routes from Christchurch to China and Hong Kong, plus the arrival of China Southern Airlines to the city translates into three additional flights per week to the Asian country and to more possibilities of shipping and therefore, a reduction in rates.

And as if that were not enough, the conditions of the fruit seem to be ideal for international markets, the color, size and flavor are of great quality, which many assure is due in part to the good weather conditions they have had this season that, unlike other countries, it has not been a difficulty nor has it generated losses.

Without a doubt great news to finish the year.

Source: Otago Daily Times

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