New Zealand: Food Service - Hotel Restaurant Institutional
Link to report:
The Covid-19 pandemic had a major effect on the Hotel, Restaurant, Institutional (HRI) sector in New Zealand. This is especially true of the tourism and hospitality sectors which have been severely hit by the closed international borders. In 2022, New Zealand began a process of normalizing its COVID-19 restrictions. This has seen tourism numbers improve over the short space of time since the re-opening of borders and is having a positive impact on 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 2021, when a record US$ 622 million of U.S. agricultural products were imported.