Emerging Markets Help Australia’s Lamb Exports19 August 2013
AUSTRALIA - Australian lamb exports reached 200,590 tonnes in 2012-13, totalling $1.13 billion – up four per cent on the 2011-12 export value, according to analysts at Meat and Livestock Australia.
Underpinning the increase in value was a surge in shipments to Greater China and the Middle East, coupled with a 34 per cent increase in chilled exports.
The value of lamb meat exports to Greater China rose 24 per cent on the 2011-12 fiscal year, to $147.5 million – increasing the region’s market share to 13 per cent of total Australian export value. This was largely attributed to a 38 per cent increase in exports in 2012-13.
Demand for Australian lamb remained strong in the Middle East, with shipments up 37 per cent on the corresponding period last year, to 58,662 tonnes.
The value of exports to the region totalled $308.1 million, equalling 27 per cent of total Australian export value – outstripping the US. Higher value exports to the region were mainly driven by large shipments of chilled lamb to Bahrain (9,713 tonnes), up from 229 tonnes in 2011-12.
In comparison, trade to the US was sluggish last fiscal year. Interestingly, while Australia exported seven per cent more lamb (37,479 tonnes), the value of exports for 2012-13 remained firm, at $303.5 million.
Total mutton exports in 2012-13 reached 144,105 tonnes and totalled $512.6 million – up 28 per cent on 2011-12. Driving this was shipments to Greater China totalling $92.4 million, up 166 per cent on 2011-12, assisted by a five-fold surge in mutton shipments to China (35,867 tonnes).
Despite export volumes to the Middle East increasing 16 per cent in 2012-13, the value of mutton exports to the region decreased one per cent to $170.3 million.
TheMeatSite News Desk