New Zealand's apple growing regions will reap the rewards of a record $700 million export apple crop forecast for 2016.
Pipfruit New Zealand chief executive Alan Pollard said that with final crop estimates now in, the industry is expecting to produce 19.5 million export cartons for 2016, an increase of 5.5per cent on last year.
Based on current market indicators, the industry is now forecasting export returns to top $700 million, compared to last season's bumper $630 million season.
"New Zealand's apple industry is entering an extremely exciting time capturing significant growth, investment and profitability.
"It's great news for our apple growing regions, injecting millions directly back into the local economies of Hawke's Bay, Nelson and Central Otago, Gisborne, Waikato, Wairarapa and South Canterbury.