Dáil Éireann Debate, Wednesday - 20 March 2024
986. Deputy Paul Murphy asked the Minister for Agriculture, Food and the Marine given that according to Bord Bia, 60% of the value of all cattle exported is from exports to Northern Ireland (details supplied), if a figure can be given on the value of these shipments. [12042/24]
Amharc ar fhreagraThe Bord Bia 'Export Performance and Prospects Report 2023 - 2024' is a useful source of information in relation to export performance for the sector. I am pleased to note that the value of Irish food and drink exports surpassed the €16 billion mark for the second year in a row and that the sector’s overall exports when non-food products are included was €18.5 billion.
The trading of live animals internationally continues to provide an important alternative market for the Irish livestock industry with exports valued at an estimated €265 million during 2023, an increase of 13%. Cattle exports account for most of the live export trade, with 332,000 animals exported in 2023, valued at €190 million. The number of cattle traded increased by 14% when compared to 2022 levels. Trade with Northern Ireland for both finished cattle and those for further production also recorded an improvement in the second half of 2023 when compared with 2022, representing an increase of 8% in export value. Exports to Northern Ireland accounted for 59% of the total share of live export value by destination in 2023, equating to €112.1 million.
Tighter cattle supplies in the UK, a favourable exchange rate, and a growing price differential between Irish and UK deadweight cattle prices all provided some increased positivity in this trade.
