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NZ apiculture industry sees continued growth

NZ apiculture industry sees continued growth

Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.

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Ian Proudfoot

Global Head of Agribusiness, Partner - Audit

KPMG in New Zealand

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[22 June, Rural News]

The Ministry for Primary Industries has released its annual Apiculture Monitoring Programme Report for the 2018/19 season, which has revealed that the New Zealand apiculture industry is still growing. The number of registered hives increased by 4 percent in the 2018-19 season, whilst the number of registered beekeeping businesses increased by 8 percent to 9,282. The report stated that an estimated 23,000 tonnes were produced during the season, up 15 percent from the previous year. Deputy Chair of Apiculture New Zealand Sean Goodwin states that prices have continued to fall in this category over the past year and have weakened further recently. However, more competitive prices have generated renewed international interest recently, and export volumes have started to rise. Mr Goodwin states that the key challenge for the industry moving forward is to increase the market profile of New Zealand honey to help boost international sales and help lift returns to beekeepers.

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