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Ireland - Export growth set to resume in 2010, Bord Bia

A sustained decline in the value of sterling combined with the economic downturn and severe difficulties in the global dairy market created unprecedented challenges for Irish food and drink exporters in 2009, according to Bord Bia’s Export Performance and Prospects report launched today. The value of Irish food and drink exports declined by 12 percent last year, or by just under €1 billion, to stand at €7.12 billion.
15 January 2010
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A sustained decline in the value of sterling combined with the economic downturn and severe difficulties in the global dairy market created unprecedented challenges for Irish food and drink exporters in 2009, according to Bord Bia’s Export Performance and Prospects report launched today. The value of Irish food and drink exports declined by 12 percent last year, or by just under €1 billion, to stand at €7.12 billion.

The combined value of meat and livestock exports is estimated at €2.25 billion in 2009, representing a decrease of 9 percent compared to 2008.

Pigmeat exports recorded a 15 percent drop to €290 million as a combination of lower supplies and reduced prices affected trade. However, most Irish pigmeat markets and customers have returned to relatively normal patterns of trade following the pigmeat recall in December 2008.

http://www.bordbia.ie/eventsnews/press/pages/ExportGrowthsettoResumein2010,BordBia.aspx

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