Retail-ready Pet Food Exports

Retail-ready pet food exports have dropped below $300 million, to a level last seen in the last quarter of 2021. There are several reasons behind this reduction:

HPAI outbreak
The impact remains significant, though there are signs of improvement. MPI continues to work with authorities in key markets to restore and expand access.

China
A continued decline in exports to China is noted. This is affecting all countries delivering to China. The pet food market there is still growing strongly but Chinese consumers are increasingly turning to domestically produced products.

United States
Export values have softened in recent months.

Japan
The pet population continues to decline in Japan but, despite earlier HPAI difficulties, demand for NZ products remains robust and growth is strong.

Full import data and concise PPT summaries are available on our website here.