New Zealand's Fibre Industry Valued at $926 Million with Growth Opportunities
NZ fibre sector valued at $926m, new research reveals untapped growth potential
Nzherald
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Recent research estimates New Zealand's fibre industry is valued at over $926 million at the farm gate, highlighting significant untapped growth potential. This study precedes the upcoming Future of Fibre Report, set to be released in August.
- 01The fibre industry in New Zealand is valued at $926 million at the farm gate.
- 02The research is the first to analyze the fibre industry comprehensively.
- 03The study indicates significant untapped potential within the sector.
- 04The Future of Fibre Report will be released in August.
- 05The research is led by Fashion & Textiles New Zealand with support from the Agricultural and Marketing Research and Development Trust.
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A recent study has found that New Zealand's fibre industry is valued at over $926 million at the farm gate. This research is pioneering as it examines the fibre sector in its entirety, revealing considerable untapped growth potential. These findings are preliminary and will be further detailed in the Future of Fibre Report, which is scheduled for release in August. The project is spearheaded by Fashion & Textiles New Zealand, with backing from the Agricultural and Marketing Research and Development Trust.
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The valuation and potential growth of the fibre industry could significantly benefit local farmers and the economy.
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