AUSTRALIA - Australian lamb export volumes for the 2013-14 fiscal year have surpassed the previous record set in 2012-13 by 13 per cent (or 25,715 tonnes ), totalling 226,306 tonnes.
According to experts at Meat and Livestock Australia almost all of Australia’s major export markets registered considerable increases in shipments during the 12 months to June, underpinned by high levels of drought-induced turnoff across key sheep producing regions of the country, combined with strong global demand and diminished supplies of New Zealand lamb.
The Middle East remains Australia’s largest lamb export destination, taking a 27 per cent market share with 60,239 tonnes shipped during 2013-14, up three per cent year-on-year.
The US maintained its market share of 19 per cent for the second consecutive fiscal year, despite shipment volumes lifting 13 per cent, totalling 42,300 tonnes.
Following closely behind, China now holds an 18 per cent market share of Australian lamb exports as demand continues to strengthen, with export volumes up 21 per cent on the previous fiscal year, reaching 41,164 tonnes.
Lamb shipments to the EU increased 15 per cent year-on-year, to 13,931 tonnes, largely underpinned by volumes to the UK also increasing 15 per cent, to 10,844 tonnes.
South East Asia is a market that has shown consistent growth in demand for Australian lamb, with exports to the region steadily increasing over the past 20 years. In 2013-14, shipments to South East Asia reached a new high, at 11,982 tonnes, up 17 per cent year-on-year and 37 per cent on the five-year average.
On the other hand, Papua New Guinea was one of the few markets to register a decline, with shipments down 26 per cent on the previous fiscal year, to 9,928 tonnes.
TheMeatSite News Desk