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Friday 03 December 2021

Dairy pushes export prices higher

6th September 2021 By Staff Reporter | | @foodtickernz

Export prices for goods rose 8.3% on the previous quarter in the three months to June 2021, while import prices rose 4.8%, according to Stats NZ.

Dairy and forestry products were the major contributors to rising goods export prices. Export prices for dairy products increased 15.3% on the previous quarter, while prices for forestry products increased 12.7%.

“Export prices for dairy typically lag behind the more widely reported global dairy trade prices,” said Stats NZ business prices delivery manager Bryan Downes.

Export prices for meat were also up 6.8% in the June quarter.



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