Welsh food and drink continues to thrive as the latest figures show the sector’s supply chain turnover increased to £23 billion last year.
The new figures, released on Monday (17), represent a growth of 2.9 per cent from the £22.4 billion in 2020.
The food and drink manufacturing sector in Wales experienced strong growth in 2021 with turnover increasing by 10.2 per cent from £4.9bn to £5.4bn.
Today’s announcement follows news earlier this year that Welsh food and drink exports hit a record high in 2021 reaching £640m.
Making the announcement, Rural Affairs Minister, Lesley Griffiths said that these figures demonstrate the commitment and desire of Welsh food and drink businesses to succeed, despite the tough economic situation they face.
“I am very proud of the resilience and enterprise shown by businesses emerging from the pandemic and overcoming multiple supply chain challenges.
“Wales’ innovative spirit continues to shine brightly in the sector and the proof is in the pudding with Welsh businesses continuing to pick up awards. Welsh Government support is also playing an important role and will continue to do so as we help companies reach their full potential,” Griffiths said.