New Zealand: Food Service - Hotel Restaurant Institutional
Link to report:
Although New Zealand has been less impacted by COVID-19 than most countries around the world, it has still had a major effect on the Hotel, Restaurant, Institutional (HRI) sector. This is especially true of the tourism and hospitality sectors which have been severely hit by the closed international borders, as well as the outbreak of the Delta variant in August 2021. In general, relatively short, and limited lockdowns in New Zealand have allowed domestic spending at HRI establishments to support the sector. New Zealand imports of U.S. food and beverage products have held up well so far this year and are on a similar pace to 2020, when US$ 575 million of U.S. agricultural products were imported.