2 minute read
Report trumpets scope for ice cream exports
Latest research into our premium ice cream industry suggests exporters could find new buyers in valuable overseas markets as consumers increasingly look for tip top quality in food.
Economic Development Minister Stuart Nash has released a new report for the Food and Beverage Information Project. The new research finds scope to expand ice cream exports to Australia, Asia and the UK. It suggests premium ice cream could potentially follow the global success of premium wine and honey exports. Nash stated that ice cream is produced in almost every region in New Zealand and there are around 48 local manufacturers. The challenge is translating our strong global position in dairy exports into a lucrative global market for our ice cream and other frozen treats. “Consumers are interested in ice cream made of milk from sheep, deer, buffalo or goats. Plant-based ice cream from oat milk, coconut milk or soy milk has a growing global market”. New Zealand’s free trade deal with the UK agreed in principle in 2021 holds great potential for ice cream and other dairy exports. The industry looks forward to dutyfree access to the UK market for ice cream and a level playing field as soon as the FTA enters into force. New Zealand already has a global reputation as a great place to produce food. We have quality raw ingredients and low production costs; a skilled workforce and processing industry trusted by consumers; and close proximity or open access to key markets which are set to grow further with new trade agreements. New Zealand already enjoys tariff-free access for ice cream under a number of Free Trade Agreements (FTAs) in the Asia-Pacific region, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This includes tariff-free access to China, our largest ice cream export market, under the New Zealand-China FTA; reduced tariffs into Japan, our second-largest export market, under CPTPP; and tariff-free access to Australia and other Asian markets (including Hong Kong, Korea, and Malaysia) through our network of FTAs.
Advertisement
You can access the “Opportunities in NZ ice cream and frozen novelties” here.
IS YOUR MILK COOLING SORTED?
The quality of your milk determines your bottom line. So stay ahead of the game by ensuring your milk cooling is up to standard. Talk to your local milk quality expert at DTS to find out more about our milk cooling solutions.