A hunch in whisky shipments hit the UK’s meals and drinks exports all through the primary 9 months of the yr, commerce info reveals.
Nonetheless, the combined exports of meals and non-alcoholic drinks rose inside the interval to the tip of September, helped by product sales of salmon, chocolate and beef.
Consistent with UK commerce physique The Meals and Drink Federation, UK meals and drinks exports slid 10.2% to £16.3bn ($20.4bn) inside the first 9 months of 2024. Product sales of whisky – the overwhelming majority of which is Scotch – dropped 36.4% in value phrases to £2.8bn and slid by 28.5% in amount phrases.
The FDF acknowledged “extreme meals and drinks inflation” helped product sales earnings, with volumes in kilograms down higher than 16.3%.
Nonetheless, salmon exports jumped 31.8% in amount phrases and elevated 27.5% by value to £693.4m. The amount of UK chocolate shipments climbed 15.7%, contributing to a 9.4% in product sales to £656.7m.
UK beef exports have been up 11.3% in amount and 13.4% in value, the FDF acknowledged.
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Whereas the EU stays the UK’s biggest shopping for and promoting confederate for meals and drinks exports, product sales fell 5.3% to £9.8bn. The FDF pointed to the “persistent administrative burdens persevering with to create boundaries to commerce with Europe”.
The US, the place President-elect Donald Trump is threatening to introduce higher import tariffs after he takes office In January, stays the UK’s third largest export market.
By value, exports to the US have been down 7.9% to £1.6bn. “Any different to reduce the friction at borders and steer clear of any tariff will enhance would help the UK to maintain up and develop commerce with this high-value market,” the FDF acknowledged.
Speaking regarding the common numbers, Balwinder Dhoot, director of commerce progress and sustainability on the FDF, acknowledged: “These figures highlight the challenges that UK meals and drinks proceed to face when selling their merchandise abroad. That’s notably true for the 12,000 SMEs in our commerce, who battle to beat the manager burdens of exporting. Providing further help for these firms will help the UK strengthen its worldwide commerce and protect its place on the worldwide stage.
“Nonetheless, there are many thrilling options previous Europe. With hundreds and hundreds of American customers persevering with to profit from the long-lasting British tea and biscuits, it’s important that we protect our constructive shopping for and promoting relationship with this high-value market.”
Dhoot added: “In changing into a member of the Full and Progressive settlement for Trans-Pacific Partnership, CPTPP, we’ve strengthened our relationship with 11 new worldwide places. By gaining these increased phrases for purchasing and promoting and eradicating friction at borders, meals and drinks producers can entry further markets and create further resilient present chains.”
