FDBusiness.com

Return of Irish Beef to China

 Breaking News
  • Sweets and Snacks New Product Development Thrives on Adventure and Bite-size Trends With one in four global consumers increasing their consumption of confectionery over the past year (Innova Market Insights Consumer Survey, 2018) because “there is more variety & novelty available,” the food industry is responding. New data from Innova Market Insights finds a 15 percent average annual growth in global confectionery launches with a “discovery” claim [...]...
  • 80,000 Tonnes of Skimmed Milk Powder Sold in Biggest Tender A total of 80,424.05 tonnes of the skimmed milk powder bought into public stock by the European Commission since 2015 were sold in the latest tender sale, bringing the remaining stock to around 22,000 tonnes out of the original 380,000 tonnes, stockpiled since the crisis that hit the dairy sector in 2015. In effect, almost [...]...
  • Müller Rolls Out ‘Stealth’ Milk Caps Müller, Britain’s leading producer of branded and private label fresh milk, cream, butter and ingredients, is rolling out a new lightweight recyclable milk cap, which uses 13% less plastic material. The innovative solution allows the business to remove 300 tonnes of plastic every year, the equivalent weight of 231 million ‘stealth’ milk caps. The dairy company has [...]...
  • Greene King Announces New Chief Executive The board of Greene King has announced that Nick Mackenzie will join the board on 1st May 2019 as chief executive in succession to Rooney Anand. Nick Mackenzie will be joining from Merlin Entertainments where, as a member of the executive committee, he is responsible for the Midway portfolio of attractions, which comprises over 100 [...]...
  • Irish Grocery Market Hits Festive Record as Retailers Cash in on Christmas The Irish grocery market grew by an impressive 3.0% over the 12 weeks to 30 December, ensuring a record festive period for retailers. The latest Kantar Worldpanel data shows value sales reached €995 million in the month of December – the highest monthly total ever recorded in the Irish grocery market. This was driven by [...]...

Return of Irish Beef to China

Return of Irish Beef to China
February 23
12:31 2015

Bord Bia (the Irish Food Board) has welcomed the announcement by the Chinese government to re-open its market to Irish beef following an absence of 15 years. This positive decision marks an important next step in securing new market opportunities for Irish exporters in this high potential market. Increasing prosperity in China is leading to increased demand for imported beef which is expected to rise to over 750,000 tonnes by 2023 but only accounting for approximately 3% of China’s meat consumption.

Aidan Cotter, chief executive of Bord Bia, says: “The decision by the Chinese authorities represents a major boost for the reputation of Irish beef in the region. International markets, outside the European Union, were the star performers in Irish food and drink exports achieving their fifth year of continuous growth in 2014. Almost one-third (€850 million) went to Asia, of which almost two-thirds were accounted for by China (61%) where exports increased by almost 40% to reach €520 million.”

IrishBeefCookedIn addition the Chinese consumer preference for cuts less in demand on European markets will provide a complementary export outlet that maximises overall returns to Irish producers and processors. Ireland has built a solid trading relationship with China which has seen the value of Irish food and drink exports increase tenfold over the past ten years.

He adds: “It is our sixth largest export market overall, our second most important for dairy and pig meat and is a growing market for our seafood. This welcome development points to a bright future for meat exports to the region and Bord Bia, through our Shanghai office will work closely with exporters to fully exploit the region`s potential.”

In anticipation of this positive move by the Chinese authorities Bord Bia agreed a Memorandum of Understanding with the China Meat Association which has already enabled Irish exporters to engage with potential buyers. A delegation representing China’s top beef buying companies will visit Ireland in the coming weeks and visit beef and sheep meat export plants to see for themselves the high standards of production, processing and regulatory control that exists in Ireland.  They will also participate in this year`s Bord Bia business development initiative “Marketplace International” on March 26th in the Convention Centre Dublin where they will meet with the leading beef exporters who have themselves been active in the Chinese market in recent years including the Bord Bia organised trade missions to China in April 2012 and November 2014.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements