How it Works
Introduction
The Meat Board Act 2004 (the Act) requires the New Zealand Meat Board (the Board) to establish and operate Quota Allowance Allocation Systems in country specific tariff quota markets. This note is issued as a guide to the requirements under the Allocation Systems. As a result of the NZ-EU Free Trade Agreement negotiations concluded in February 2022 and signed on 9 July 2023, the following meat products of New Zealand origin may be exported to the European Union at the tariff rates listed below up to the quantities specified. The out-of-quota tariff rates are also given. These apply to product imported outside the quota.
New Zealand origin beef products can be exported to the European Union in the following quantities, subject to the specified tariffs.
|
Product type |
Beef (Selected HS codes ((0201, 0202 all) 0206, 0210 and 1602) |
|
Annual quota amount |
3,333 tonnes (carcase weight equivalent) in the first (part) year (when EU-NZ FTA enters into force on 1 May 2024) increasing by 953 tonnes (c.w.e.) p.a. up to year seven and thereafter remaining at 10,000 tonnes (c.w.e.) per annum. |
|
Quota Year |
1 January – 31 December |
|
In-quota tariff rate |
7.5% |
|
Out-of-quota tariff rate* |
Varies |
|
Note: |
* Tariff rates are quoted in EURO per 100kg/net. The range of rates is a result of different tariff rates for different products. |
Some quick definitions:
Production History is the three-year average of beef from livestock slaughtered in an EU Listed Premises measured in hot carcase weight.
Export History is a three-year average of product eligible for the EU FTA Beef TRQ shipped to the EU measured in product weight.
“New Entrant Period” means in relation to a New Entrant, the Quota Year for which a New Entrant receives an allowance of first come first served quota and the two following Quota Years.
To whom is quota allocated?
There are two categories of recipients: Qualifying Companies and New Entrants.
Qualifying Companies hold export registrations and have Production History and/or Export History.
Qualifying Companies have access to 96.5% of the total TRQ allocation.
New Entrants are companies that fit the following criteria:
- hold export registrations
- have not been allocated and used General Quota Allowance (but which may have purchased Production History, Export History or General Quota Allowance), during the three years prior to the applicable New Entry Period,
- are a “New Entrant” as defined in Section 2 of the Quota Manual.[1]
How is quota allocated?
Ninety-six and a half percent of the quota is allocated as General Quota Allowance to Qualifying Companies. It is allocated to companies according to their share of the sum of all companies for each of Production History and/or Export History.
New Entrants have access to the remaining 3.5% on a first come first served (FCFS) basis, up to a maximum of one third of the New Entrant Allocation, per New Entrant.
Acquiring and selling quota
General Quota Allowance holders can transfer all or part of their quota allowance for the relevant Quota Year to a holder of an export registration.
Complete and sign the Transfer form and submit to the Board. The transfer takes effect upon Board confirmation.
Download Transfer of EU FTA TRQ Beef Quota Allowance form from www.nzmeatboard.org.
Acquiring and selling Production and/or Export History
A holder of Production and/or Export History may transfer all or part of its Production and/or Export History for a given Production Season (in the case of Production History) or Quota Year (in the case of Export History to a holder of an export registration.
Complete and sign the Transfer form and submit to the Board. The transfer takes effect upon Board confirmation and will be valid for any future Quota Years, in terms of the General Quota Allowance Allocation formula.
Download Transfer of US Beef and Veal Production History form www.nzmeatboard.org.
Quota allowance application closing dates
|
General Quota Allowance applications close |
15 October |
|
New Entrant Quota Application is by means of a request for a quota certificate (see below) |
Any time during the quota year |
EU FTA Beef TRQ export certificate
EU FTA Beef Tariff Rate Quota (TRQ) Certificates are required for product to be imported within the terms of the TRQ.
The exporter must submit details of the consignment to the Board for authorisation. The exporter then forwards the issued certificate to the importer.
European Union
|
Product type |
Annual Quota Amount Years 1 to 7 (tonnes - carcase weight equivalent) |
In-Quota Tariff Rate |
Quota Year |
Out-of-quota (From entry into force)
|
|
Beef 0201 0202 0206.10.95 0206.29.91 0210.20.10 0210.20.90 0210.99.51 0210.99.59, ex 1502.10.90 (beef only), ex 1502.90.90 (beef only), and 1602.50 |
Year/Tonnage (c.w.e.) EIF 3,333 MT Year 1 4,286 MT Year 2 5,238 MT Year 3 6,190 MT Year 4 7,143 MT Year 5 8,095 MT Year 6 9,048 Year 7 and subsequent years 10,000MT
|
7.5% ad valorem duty
|
Year 1 is 1 May-31 December 2024 thereafter 1 January – 31 December |
12.8% + 118.0 – 254.0 EUR/100kg up to 16% being product specific |
|
* Note: Tariff rates are quoted in EUR per 100kg/net. The range of rates is a result of different tariff rates for different products. |
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1 This Guidance Note is intended as a summary of the provisions of the Quota Manual itself. In the event of any inconsistency between the provisions of the Quota Manual and this Guidance Note the provisions of the Quota Manual will prevail.
[1] There are other provisions relating to what constitutes a New Entrant, these can be found in the Definitions Section of the EU FTA TRQ Beef Quota Manual