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Food And Drink Exports In 2020 Demonstrate Resilience Of The Sector, Says FDI

Food Drink Ireland (FDI), said the recent publication of Bord Bia’s Export Performance and Prospects report, shows the resilience of Ireland’s food and drink sector in the face of unprecedented global challenges in 2020 with just a marginal 2% decline in exports.

The Ibec sector representing the food and drink industry has welcomed the announcement that Ireland will receive over €1 billion, or 25%, from the EU Brexit fund in 2021.

'Most Exposed' 

Paul Kelly, director, FDI said, “The Irish food and drink sector is by far the most exposed of any sector in any country in Europe to Brexit. Even with an EU UK deal, we now face additional paperwork, customs and SPS formalities, transport delays and disruption to delivery schedules."

"All these changes are imposing additional costs on businesses and supports are urgently needed not just to support companies within the food and drink sector, but also the jobs, communities, and downstream suppliers reliant on them, including the farming sector and its longer-term sustainability," he added.

© 2021 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.

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Enjoy the most important stories from the world of Irish grocery retail, curated for you by our team of experts every week.
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Enjoy the most important stories from the world of Irish grocery retail, curated for you by our team of experts every week.
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