How big is the food industry in Ireland?
How big is the food industry in Ireland?
It is not long since Ireland’s food and drinks sector was seen as a sunset industry. Now, it is Ireland’s largest and most important industry. It has an annual turnover of €25 billion, exports €10 billion of this and sustains 230,000 jobs.
What food is produced in Ireland?
Milk is the most produced food in Ireland followed by beef and pork. Milk accounts for 75% of the food commodities produced in Ireland. Irish dishes include Irish stew, bacon and cabbage, potato, boxty, coddle, and colcannon.
What is the food market worth in Ireland?
The value of the Irish foodservice industry for 2019 is estimated to be €8.55 billion in terms of consumer expenditure and €2.9 billion in terms of operator purchases. This includes both the value of the Republic of Ireland and the converted value (from Sterling to Euro) of the Northern Ireland foodservice market.
Where does Ireland export food to?
In terms of the destination of Irish food and drink exports in 2017, the United Kingdom at around 38% remained the principal market with sales of €5.2 billion. Continental EU markets account for 30% of food and drink exports with a combined value of almost €4 billion.
What are Ireland’s main food imports?
Ireland imported 72,000 tonnes of potatoes, 47,000 tonnes of onions, 29,000 tonnes of tomatoes, 23,000 tonnes of cabbage and 15,000 tonnes of lettuce in 2017. The total value of these imports was €175 million.
Is Ireland good for farming?
With fertile soils, a temperate climate and abundant rain water, Ireland has enviable natural advantages for farming the land to produce food, fibre and fuel. Today, beef and milk production are the two most important farming sectors in Ireland, accounting for around 66% of agricultural output in 2018.
What is Ireland’s largest crop?
Irish agriculture is predominantly grass-based, with just 9% of the agricultural land devoted to crop production. Production of cereals is worth €102m per annum, wheat and barley being the major crops grown, alongside potatoes.
How many cafes are in Ireland?
The report, which was released last month, measures a five-year period and shows that specialist coffee and tea shops have grown from 210 units in 2013 to 328 in 2018. There are also 133 more cafes on the scene too, taking the total to 1,645.
What is the food industry worth?
Food, Beverage and Grocery OVERVIEW. The global food and agricultural industry for 2018 totaled about $8.7 trillion, according to Plunkett Research estimates, or about 10% of the world’s GDP. Global food exports totaled $1.47 trillion in 2017, according to the World Trade Organization (latest data available).
What is Ireland’s biggest food export?
Exports of butter represent 0.74% of Ireland’s total annual exports. The value of the global butter export market is worth $10.9 billion annually. Ireland is the third-largest exporting country after New Zealand ($2.59 billion) and the Netherlands ($1.69 billion).
What are Ireland’s main food exports?
In 2017, Ireland exported almost €2.2 billion of butter, milk and cheese. Butter accounted for over 40% of the export value of these dairy products, recording exports of €935 million. The UK is the largest export market for butter, milk and cheese, with exports of €762 million of these products to the UK in 2017.
Does Ireland import meat?
Ireland’s Trade in Goods 2018 More than three-quarters of this (€1 billion) was bovine meat, equating to 211,000 tonnes. Imports of bovine, pig, sheep and poultry meat were €619 million in 2018. Of this, €285 million came from the UK.
How big is the food and drinks industry in Ireland?
It is not long since Ireland’s food and drinks sector was seen as a sunset industry. Now, it is Ireland’s largest and most important industry. It has an annual turnover of €25 billion, exports €10 billion of this and sustains 230,000 jobs.
How many people work in the agri food industry in Ireland?
When employment in inputs, processing and marketing is included, the agri-food sector accounts for almost 10% of employment. The agri-food sector is one of Ireland’s most important indigenous manufacturing sectors, accounting for employment of around 167,500 people.
Who is the leader of the food industry in Ireland?
Ireland is a suitable hub for innovation. We need business to have the confidence to spend on innovation and deliver the increase in exports as targeted in Food Harvest 2020. The opportunity is vast and Ireland should take it. David Hearn is the Global Consulting Leader – Consumer Industry.
How much food does Ireland export a year?
Irish agri-food was exported to 180 countries Dairy exports exceeded €4bn for the second year Butter exports exceeded €1 billion for the first time Cheese exports were worth €800m Meat and Livestock exports were €3.97 billion, an increase of 1%