Exports rise to E7.17bn, says Bord Bia
It was the first time that the figure, which accounts for over 55% of exports from indigenous Irish companies, had exceeded the 7bn mark, according to the board’s annual review.
In addition to the appreciation of the euro against the US dollar and sterling, the industry had to face a more competitive trading environment shaped by retailer consolidation, retail food price deflation and product competition, according to the review. The most significant growth sectors in 2004 in terms of value of exports were prepared foods, dairy products and ingredients and beef, with the sterling and euro currency areas accounting for over two-thirds of exports.
