German supermarket chain, which is targeting expansion in Irish market, has more than 330 local suppliers. Aldi has expanded its Irish supplier network, adding 15 new suppliers and investing €1.1 billion with local food and drink companies in 2022. A report on the German grocery… Read More »Aldi invested €1.1bn with Irish food and drink companies in 2022
The value of Irish good exports reached a record high in 2022, rising to €208bn year-on-year despite a sharp downturn in economic activity. According to the Central Statistics Office, last year’s figures represent a €42bn increase compared to 2021, with the record-breaking figure largely driven… Read More »Irish exports hit record-breaking €208bn in 2022
The food industry recorded international export sales growth of more than 20 per cent last year due to soaring food commodity prices and strong global demand. Irish food and drink exports surged more than 20 per cent in value last year to a record €16.7… Read More »Irish food and drinks exports surge to a record €16.7bn in 2022
The world has seen more than its share of turbulence in recent years with the Covid-19 pandemic, deteriorating political relationships worldwide, severe climate change phenomena in many regions of the world, and, in the second month of last year, the unexpected and barbaric invasion of… Read More »Record consumer and food inflation might begin to turn downwards from spring.
Surge in use of lecithin and phospholipids during the manufacturing of animal feed serves as a potential opportunity for the expansion of the global lecithin and phospholipids market. Based on nature, the GMO segment accounted for the highest share in 2021, holding more than four-fifths… Read More »Global Lecithin and Phospholipids Market Is Expected to Generate $8.8 Billion by 2031: Allied Market Research
The Port of Cork’s new €86m container terminal in Ringaskiddy is already too small and will need to be expanded in the future to meet the increased demand for goods and services due to population growth, the port company’s CEO Eoin McGettigan has said. However,… Read More »Port of Cork’s new €86m container terminal is already ‘too small’
Ringaskiddy development expected to handle 120,000 containers in its first year The Port of Cork Company’s new €89 million container terminal in Ringaskiddy marks the largest single investment by any port in Ireland over the past 100 years and will mean Cork has the capacity… Read More »New Cork container terminal marks biggest port investment in a century
Market commentary UK feed wheat futures (Nov-22) closed yesterday at £277.50/t, gaining £3.00/t from Friday’s close. The Nov-23 contract closed at £265.60/t gaining £2.55/t over the same period. Domestic and global markets were supported by renewed concerns about grain leaving the Black Sea. This comes… Read More »What will drive the rapeseed price for harvest 2023?
The Halpin Group is delighted to announce that it will be in a position to offer Lecithin products from the Sternchemie range on the island of Ireland. Sternchemie develop and produce customised solutions for a whole host of applications. We will work with you to… Read More »The Halpin Group and Sternchemie GmbH
The company behind Jameson and Powers has announced a €250 million investment in a new distillery on a 22-hectare (55-acre) site adjacent to its Midleton, Co Cork, facility. Once fully operational in 2025, Irish Distillers’s new facility will support some 100 jobs in the region,… Read More »Jameson maker to pump €250m into new Cork distillery