Zespri global sales top $5 billion for 2024–25 season amid strong demand
Zespri says global sales for the 2024-25 season topped $5 billion on the back of strong demand and market returns.
According to new figures from Stats NZ, kiwifruit exports were valued at $3.1 billion in the year ended August 2024.
This marks a 20% ($524 million) increase on the same period in 2023.
Stats NZ international trade manager Viki Ward says kiwifruit export values for the season so far are the highest they have ever been.
“The kiwifruit export season is typically from March to November,” Ward says.
Gold kiwifruit exports were $2.4 billion, up $457 million (24%) from the year ended August 2023, driven largely by an increase in quality (up 23%).
Green kiwifruit were valued at $737 million, up $67 million (9.9%) over the same period an increase driven by a price increase (up 9%).
Typically, gold kiwifruit have a higher unit price than green.
“Growers in New Zealand are increasingly planting gold, and now red, kiwifruit, to capture greater export value in markets like China and Japan,” Ward says.
The top destination for gold kiwifruit is China, while the top destination for green is the European Union.
Federated Farmers president Wayne Langford says the 2025 Fieldays has been one of more positive he has attended.
A fundraiser dinner held in conjunction with Fieldays raised over $300,000 for the Rural Support Trust.
Recent results from its 2024 financial year has seen global farm machinery player John Deere record a significant slump in the profits of its agricultural division over the last year, with a 64% drop in the last quarter of the year, compared to that of 2023.
An agribusiness, helping to turn a long-standing animal welfare and waste issue into a high-value protein stream for the dairy and red meat sector, has picked up a top innovation award at Fieldays.
The Fieldays Innovation Award winners have been announced with Auckland’s Ruminant Biotech taking out the Prototype Award.
Following twelve years of litigation, a conclusion could be in sight of Waikato’s controversial Plan Change 1 (PC1).