Australian Red Meat Trade to South Asia over A$1 billion19 February 2013
AUSTRALIA - Australian red meat export values to South Asia during 2012 reached record levels, at A$1.1 billion – 12 per cent above 2011 and 47 per cent above the five-year average according to Global Trade Atlas.
Analysts at Meat and Livestock Australia said that South Asia’s share accounted for 18 per cent of Australia’s overall export value during 2012, placing the region as the third highest valued destination, following Japan and the US.
Beef and veal export values to South Asia during 2012 were A$814 million, increasing 11 per cent on 2011 and 49 per cent on the five-year average.
Sheep meat export values during the year reached A$317 million, improving 16 per cent on 2011 and 43 per cent on the five-year average, with lamb (A$188 million) accounting for 59 per cent of the value and mutton (A$129 million) 41 per cent.
Contributing significantly to the overall growth was a surge in returns from China, totalling A$309 million (up 88 per cent on 2011), of which beef made up A$149 million (up 154 per cent on 2011).
Chilled beef values into China increased 24 per cent year-on-year, to A$24 million, while frozen values jumped 218 per cent, to A$125 million.
At the close of 2012, China was the highest valued market for mutton, increasing 135 per cent year-on-year, to A$63 million, while lamb export values to China improved 22 per cent on 2011, to A$97 million.
Aside from Hong Kong (down 13 per cent on 2011, at A$62 million) and Indonesia (down 30 per cent on 2011, at A$120 million), beef export values to the remaining countries in South Asia increased during 2012. Taiwan reached A$210 million, seven per cent higher than 2011 and 44 per cent above the five-year average, while returns from the Philippines grew 15 per cent on 2011, at A$82 million.
Despite a 37 per cent year-on-year increase in chilled lamb export values to Malaysia during 2012 (A$2.3 million), total lamb export values to the country contracted 15 per cent on 2011, to A$24 million. Driving the decline was an 18 per cent year-on-year decrease in frozen values (A$22 million).
Lamb export values to Hong Kong during the year declined 27 per cent year-on-year, to A$18 million.
Mutton export values to Malaysia during 2012 increased 22 per cent year-on-year, to A$22 million, with returns from Singapore down slightly (two per cent), to A$22 million. Assisted by increased mutton shipments to Taiwan towards the end of 2012 , mutton export values to Taiwan rose 13 per cent on 2011, to A$17 million.
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