Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives

Food and non-alcoholic exports on the rise

foodanddrinktechnology 2021-12-21
Share       

The value of branded food and non-alcoholic drink exports has risen to £2.4 billion in the first half of 2016, according to a report from the Food and Drink Federation (FDF).

This is an increase of £141.2 million when compared to the same period in 2015. Branded exports to non-European unio (EU) nations rose by £93.7m from 2015, while exports to the EU also increased by £47.5m. Exports to non-EU nations now represent 31.4% of all branded exports.

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.

Ireland, 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 £598m, £228.6m and £196.6m 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 £27.7m in 2016, when compared with 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.

Ian Wright, director general at FDF, says, "Following a weaker performance in 2015, the growth of value added exports weve seen in H1 is excellent news for our industry and a positive step toward achieving FDFs export ambition. Its 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 DEFRAs export plan to see how government intends on supporting our industry overseas in a time of prospective economic uncertainty."

Elsa Fairbanks, director at Food and Drink Exporters Association (FDEA), adds, "FDEA is very encouraged by the improved export performance for the first half of 2016 which reflects the commitment that many food and drink companies are making to grow the international side of their business.

"A significant number of our members are reporting that their export customers are now proving to be a vital part of a thriving business."

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

Recommended Products

Delize Enzyme Tablets

Delize Enzyme Tablets

Yusweet powdery xylitol

Yusweet powdery xylitol

Drying Machine

Drying Machine

stevia RA98%

stevia RA98%

Instant honey powder

Instant honey powder

Genmont De-Min-An probiotic sachets

Genmont De-Min-An probiotic sachets

Top

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121