FDBusiness.com

UK Food and Non-alcoholic Drink Exports Grow in First Half of 2016

 Breaking News
  • Chivas Brothers Opens New Head Office Chivas Brothers, the Scotch whisky business of Pernod Ricard, has opened a new 27,000 sq ft head office in the centre of Glasgow. Jean-Christophe Coutures, chairman and chief executive of Chivas Brothers, says: “We need to keep moving with the times and this is the beginning of a new and exciting chapter for Chivas Brothers [...]...
  • Unilever Achieves 100% Renewable Electricity Across Five Continents Unilever has announced that its factories, offices, R&D facilities, data centres, warehouses and distribution centres across five continents are now powered by 100% renewable grid electricity. As far as possible, Unilever’s transition to renewable electricity has been delivered through supporting the development of local renewable energy markets, with 38% of its grid electricity supplied through [...]...
  • Landmark Court Ruling Opens the Way For Launch of Signum® by Quinn A recent landmark patent ruling has heralded the launch of Signum® by Quinn, a mono PET plastic tray.  The arrival of Signum® by Quinn follows a long and successful patent challenge by Irish plastic packaging manufacturer Quinn Packaging, against patents held by Klöckner Pentaplast and Faerch. In July the Intellectual Property Enterprise Court (IPEC) in [...]...
  • Danish Crown Presents its New Brand Identity Farmer-owned Danish Crown is setting a new direction towards a more sustainable future from farm to fork. A new brand and narrative will make it clearer to customers and consumers that Danish Crown has started this transformation. At the same time, Tulip Food Company is to change its name to Danish Crown Foods. Danish Crown plans [...]...
  • Lantmännen and Yara Lead the Way Towards World’s First Fossil Free Food Chain Lantmännen, the Nordic region’s leader in agriculture, machinery, bioenergy and food products, and Yara, thespecialist in agricultural products and environmental protection agents, are taking a pioneering role in the transformation of the food system. The partners will launch a pilot project with the ambition to introduce the world’s first certified fossil free food chain. This move [...]...

UK Food and Non-alcoholic Drink Exports Grow in First Half of 2016

UK Food and Non-alcoholic Drink Exports Grow in First Half of 2016
September 05
10:39 2016

The latest export figures from the Food and Drink Federation (FDF) show that the value of UK branded food and non-alcoholic drink exports rose to £2.4 billion in the first half of 2016, an increase of £141.2 million (+6.2%) when compared to the same period in 2015.

Branded exports to non-European Union (EU) nations rose by £93.7 million (+14%) on H1 figures from 2015, while exports to the EU also increased by £47.5 million (+2.9%). Exports to non-EU nations now represent 31.4% of all branded exports, up 2.2pp on H1 of 2015.

Total exports of food and non-alcoholic drink grew by £528.3 million (+8.7%) to £6.6 billion, between H1 of 2015 and H1 of 2016, following a fall in overall exports in 2015, the first in ten years.

A weaker pound at the start of 2016 meant UK exports were competitive in the first half of the year. With the price of the pound falling further since the end of June 2016, following the EU referendum result, it is expected there will be a further rise in exports before the end of the year.

The three export markets which saw the greatest value growth from H1 of 2015 to H1 of 2016 were Malaysia, up £46.9 million (+268.5%), China, up £24.1 million (+100.9%) and the United States, up £21.1 million (+31.6%).

FDFIreland, Germany and the Netherlands made up the top three export destinations for branded UK food and non-alcoholic drink, with exports to the value of £598 million (+1.2%), £228.6 million (+7.6%) and £196.6 million (-1%) respectively.

The top three product categories were chocolate, salmon and wheat, with exports of vegetables, both prepared and fresh, experiencing the largest value growth, up £27.7 million (+17.9%) in H1 of 2016, when compared with H1 of 2015.

FDF has set an ambition to grow value-added food and drink exports by a third to achieve a total value of £6 billion by 2020. The ‘Exports – Five Steps to Food and Drink Exporting Success’ guide, developed by FDF and the Food and Drink Exporters Association (FDEA), was recently launched as part of an enhanced partnership aiming to help more of Britain’s 6,500 manufacturers to export.

Ian Wright CBE, Director General of FDF, says: “Following a weaker performance in 2015, the growth of value added exports we’ve seen in H1 is excellent news for our industry and a positive step toward achieving FDF’s export ambition. It’s also very pleasing to see non-EU exports performing beyond expectations, with UK firms taking advantage of increased competitiveness. We eagerly await the launch of DEFRA’s export plan to see how government intends on supporting our industry overseas in a time of prospective economic uncertainty.”

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements