Home Business Welsh food and drinks sector reviews report exports

Welsh food and drinks sector reviews report exports

Welsh food and drink sector reports record exports

Welsh food and drinks exports hit a report excessive in 2021 of £641m.

Wales additionally had the most important share enhance within the worth of food and drinks exports out of the 4 UK nations between 2020 and 2021 rising by £89m, a progress of 16.1%.

The very best worth export class for Welsh food and drinks in 2021 was meat and meat merchandise at £187m.

Cereal and cerealpreparations noticed a year-on-year enhance of 173%, rising from £51m to £139m, and dairy and birds eggs hit £106m.

The vary of merchandise exported is various, as is the vary of nations Welsh companies export to.

Welsh food and drinks exports to the EU have been price £465m in 2021, a £51m enhance from 2020, accounting for 73% of the overall.

Eight of the highest ten Welsh food and drinks export locations have been throughout the EU, with the 2 non-EU international locations being the USA and Saudi Arabia.

The Republic of Eire remained the best worth vacation spot for Welsh food and drinks exports at £113m. Different prime locations included France (£100m), Netherlands (£49m) and Germany (£44m).

There was a major enhance in exports to Belgium which have been price £56m in 2021, an increase of 162% from £21m in 2020. The very best worth class to the nation being Dairy Merchandise and Birds Eggs.

Rural Affairs Minister, Lesley Griffiths stated: “It’s nice information Welsh food and drinks exports have reached their highest worth ever.

“The previous couple of years have been very difficult and these figures clearly display the resilience and willpower of our Welsh corporations to reach abroad markets.

“The business in Wales can also be main the best way out of the 4 UK nations with the most important share enhance within the worth of food and drinks exports.

“I’m happy the Welsh Authorities’s food and drinks export programme is supporting companies to broaden commerce in new and current markets in international locations all over the world.”

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