Food and Beverage Business

UK beef sales contribute to Irish export success

UK beef sales contribute to Irish export success beef, dairy, drinks, export, Irish, meat, poultry & seafood, sales, success., supply chain, UK Food and Beverage Business

The Report on Export Performance and Prospects from Board Bia revealed that Irish food, drink, and horticulture exports amounted to €16.3bn (£14.1bn) in 2023. Of this, sales to the UK accounted for 34% of Ireland’s food and drink exports, valued at €5.6bn (£4.8bn).

Beef demonstrated significant success, with a 10% increase in sales overseas in 2023 compared to 2022, reaching €1.3bn (£1bn) from €1.1bn (£946m) respectively. The UK market now represents 47% of Irish beef exports by value, a growth from 44% in 2022.

In 2023, Packaged Consumer Food (PCF) exports increased from €1.9 billion (£1.6 billion) in 2022 to €2 billion (£1.6 billion). Drink exports were valued at €336m – up 19% from €283m in 2022.

Reflecting on the sector’s achievements, Bord Bia UK director Donal Denvir said, “Despite market challenges, Ireland’s food and drink industry, bolstered by a strong UK partnership, continues to perform well. Our industry stands out as a resilient and unwavering source of food and drinks our UK partners continue to benefit from.”

Notably, some areas of Ireland’s food and drink industry experienced varying levels of export success. Irish dairy exports were valued at €1bn (£860m), down from €1.2bn (£1bn) in 2022, while horticulture and cereal exports fell to €273m (£233m) from €281m (£241m) during the previous reported period.

Challenges such as energy prices, inflation, and labor costs impact 53% of beef companies, indicating a nuanced landscape. Despite these setbacks, 73% of Irish food and drink exporters expressed optimism for robust market growth in 2024.

Furthermore, Cameron Gordon, founding partner and head of client growth at Incite, shares “advice for food and drink firms in the UK that hope to develop an international export channel.”​ He provides insights into navigating the industry and ensuring successful expansion.

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