Tesco purchases €1.6bn a year in Irish food and drink, report finds

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Analysis commissioned from economic consultants Indecon finds grocery retailer facilitates €960m in exports of Irish-produced food, drink and other products

Tesco, which entered the market here 25 years ago, said the Indecon figures, which are based on its 2021-2022 financial year, showed its purchases of Irish food and drink remained “robust” during the pandemic and throughout supply chain challenges following Brexit.

William H Batt, who led the study for Indecon, said Tesco’s purchases of Irish food and drink exceeded the State’s overall agri-food exports to each of France, Germany, the Netherlands and the US in 2021. “Given the scale of these purchases, Indecon’s research suggests that Tesco is the single largest retail purchaser of Irish food and drink in the world,” he said.

 

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