Food and drink exports top €9bn for first time
And Bord Bia says prospects to build further on the food industry’s exceptionally strong performance over the past three years are “reasonably good”, with increased output in key sectors and relatively high global commodity prices anticipated. However, cost developments for animal feed and other inputs will play a key role in determining the sector’s performance.
The strongest performing categories in 2012 were meat and livestock (which increased by €128 million to €3bn), seafood (up 18% or €75m, to €493m) and beverages (which recorded growth of €37m to €1.26bn).
