Export Growth set to Resume in 2010
A sustained decline in the value of sterling combined with the economic 
downturn and severe difficulties in the global dairy market created unprecedented challenges for Irish food and drink exporters in 2009. The value of Irish food and drink exports declined by 12 percent last year, or by just under €1 billion, to stand at €7.12 billion.
There are indications however that export values are now beginning to stabilise and some recovery is likely in the year ahead. “The prospects for 2010 point to a return to growth for Ireland’s food sector”, according to Dan Browne, Chairman, Bord Bia. “The potential for stronger export revenues from the key dairy and meat sectors, and investments by prepared food companies to broaden their market presence on the Continent, will help exports as 2010 progresses. However, developments in sterling and consumer sentiment remain critical.”
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Export Performance and Prospects Report for 2009/2010