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Germany is the largest market for food and beverages in the European Union importing USD 69 billion worth of consumer-oriented agricultural products in 2023. The food retail sector is saturated, highly consolidated, and competitive.

U.S. food and agricultural products have continued to prove popular in the New Zealand market. In 2023, the value of these products was a record US$ 9.3 million, US$ 3.4 million of which were consumer-oriented products.

New Zealand fluid milk production is forecasted to be 21.2 million metric tons (MMT) in the 2024 market year (MY). This is a decrease on the previous 5-year average of ~21.6 MMT, reflecting the decreasing herd numbers and the short-term effects of the following: El Niño weather pattern, softening revenue, high cost of debt servicing, and challenging feed and fertilizer prices.

The food processing industry represents the fourth-largest industry in Germany. According to the Federation of German Food and Drink Industries (BEV) estimates, Germany produced $238.9 (€ 218.5) billion of processed food and drinks in 2022.

New Zealand fluid milk production in 2024 is forecast to decline by 0.5 percent to 21.4 million metric tons (MMT). This situation results from recent decreases in farm gate milk price forecasts, as well as rising interest rates, which are expected to...

Germany is by far the biggest market for food and beverages in the European Union. The food retail sector is saturated, highly consolidated, and competitive.

U.S. food and agricultural products have continued to prove popular in the New Zealand market, and in 2022 the value of these products was a record US$ 629 million, US$ 413 million of which were consumer-oriented products.

FAS/Wellington’s New Zealand milk production forecast is raised for 2023 to 21.5 million metric tons (MMT) as a result of favorable pasture growing conditions entering the year and strong milk production during the first four months of 2023.

The food processing is the fourth-largest industry in Germany. According to the Federation of German Food and Drink Industries' (BEV) estimates, total revenue of USD 20.7 billion were generated across all sectors in 2022, which is 17.9 percent higher than the previous year.

Despite being a small country, New Zealand is a major exporter of food and beverage products, and many of these products are manufactured in-country requiring inputs imported from other suppliers.

Germany is the fourth largest wine producer in the European Union after France, Italy, and Spain. German wine production from the 2022 harvest for marketing in CY 2023 is estimated at 9.4 million hectoliters, 9.8 percent higher than the previous year.

Germany is the second largest organic market in the world. It holds good prospects for U.S. organic products, including tree nuts, fruits, vegetables, and processed food products. While market growth slowed this year due to high inflation and rising...