Monday, 16 May 2016 13:51

Onion returns up 50%

Written by 

Onions New Zealand Inc says with 75% of this season's crop shipped, the industry is pleased with the direction it's heading in.

"Returns are expected to be up 50% on last year," chief executive Michael Ahern says.

"This means an increase from $81 million to $125 million FoB. This forecasted result will re-assert onions position as the third largest fresh horticulture export item after kiwifruit and pipfruit."

For many years the onion industry has been New Zealand's largest fresh vegetable export earner but has held a lower profile compared to its high-flying fresh fruit export cousins.

"With these types of returns the onion industry is lifting its profile when it comes to capturing government agency attention and assisting policy decisions."

"NZ started exporting onions over 50 years ago and now has 45 markets worldwide. Approximately 85% of total production is exported and all of the major industry operators are 100% NZ owned. In the horticultural sector very few can match these statistics," Ahern says.

NZ is the number one supplier from the Southern Hemisphere to continental Europe. This region accounts for 48% of total NZ exports and sold through major retail chains. In recent years the industry has balanced this trade with Asia. In 2008 Asian markets accounted for 12% of total exports. In 2016 it's forecasted to reach 41%.

"The onion industry developed a strategic plan in 2013 which focussed on four key pillars of Productivity, Export Market Development, Quality Onions and Innovation," Ahern says.

"It's very pleasing to see strong signs that our strategic planning is starting to pay off. We are also a readily scalable industry provided we have appropriate access to markets."

More like this

Hawke's Bay to the world

Rockit chief executive Mark O'Donnell says consumer awareness for the brand continues to improve each year.

Featured

Vaccinate against new lepto strain

A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.

TV series to combat food waste

Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.

National

Celebrating success

The Director General of MPI, Ray Smith says it's important for his department to celebrate the success of a whole…

Cyclone's devastating legacy

One of the country's top Māori sheep and beef farms is facing a five-year battle to get back to where it…

Machinery & Products

Factory clocks up 60 years

There can't be many heavy metal fans who haven’t heard of Basildon, situated about 40km east of London and originally…

PM opens new Power Farming facility

Morrinsville based Power Farming Group has launched a flagship New Zealand facility in partnership with global construction manufacturer JCB Construction.

» Latest Print Issues Online

The Hound

Cut with care

OPINION: The new government has clearly signalled big cuts across the public service.

Bubble burst!

OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter