Dairy sector faces highest global trade barriers-NZ
New Zealand’s dairy industry, contributing roughly NZ$26 billion in exports (to April 2023), is increasingly burdened by tariffs and non-tariff barriers (NTBs) that remain high across global markets. A report commissioned by DairyNZ and the Dairy Companies Association (DCANZ) highlighted that 87% of global dairy markets enforce tariffs ≥10%, resulting in NZ exporters incurring NZ$1.5 billion in […]
Dairy Industry Faces Challenges But Shows Resilience
Dairy producers adapt to rising costs and consumer trends with innovative solutions and unwavering commitment. The global dairy industry is grappling with significant challenges as producers navigate fluctuated prices, changing consumer preferences, and the need for technological innovations. Amid rising feed costs and inflationary pressures, the industry shows resilience as demand for dairy continues to […]