AUSTRALIA - Australian lamb exports in May surpassed the 20,000 tonne mark for the third time on record, totalling 20,528 tonnes – up three per cent year-on-year and 27 per cent higher than the five-year average, according to analysts at Meat and Livestock Australia.
Now the second highest monthly lamb export volume on record, after October 2013, May shipments were largely underpinned by a nine per cent year-on-year increase to China (3,854 tonnes) and a 12 per cent year-on-year increase to the US (3,659 tonnes).
Volumes to the UK experienced a 50 per cent increase in May compared to last year, at 1,062 tonnes, while demand from Japan continued to strengthen with exports up 20 per cent year-on-year, at 1,165 tonnes.
Although smaller export markets, Korea and Canada have both shown considerable growth in demand for Australian lamb over the past five years.
Shipments to Korea during May have not only increased 92 per cent year-on-year, but tripled the five-year average, at 648 tonnes.
Volumes to Canada totalled 588 tonnes during the month – 23 per cent higher than the corresponding month last year, and 57 per cent higher than the five-year average for May.
On the other hand, lamb shipments to the Middle East and South East Asia during May experienced 12 per cent and 20 per cent year-on-year declines, to 5,241 tonnes swt and 950 tonnes, respectively.
Australian mutton exports during May came to 13,059 tonnes – down 23 per cent year-on-year.
Volumes to the Middle East (3,711 tonnes) and China (3,309 tonnes) were back 14 per cent and 42 per cent, respectively, while shipments to South East Asia (2,262 tonnes) lifted 12 per cent on the corresponding month last year.
TheMeatSite News Desk