JAPAN - Strong business performance by key imported beef users in Japan underpinned increased beef consumption in August according to analysts at Meat and Livestock Australia.
Volumes increased by 14 per cent on last year to 50,418 tonnes boneless equivalent, supply and demand data from Japan’s Agriculture and Livestock Industries Corporation shows.
Japan Chain Stores Association – whose member supermarkets are the major customers of Australian chilled beef as well as processed beef products – reported that livestock product sales during the month lifted 13 per cent year-on-year, assisted by solid consumer demand, despite higher prices.
In the foodservice sector, yakiniku (Japanese/Korean style barbecue) restaurants sales grew 12 per cent from last August, while the overall foodservices sales eased two per cent as many consumers stayed home due to typhoons/bad weather during the month. Japanese style fast food (mostly gyudon rice bowl), western style family restaurants (steaks and hamburg meat balls), and dinner restaurants also registered growth (data by Japan Foodservice Association).
Imported beef consumption in Japan during the first eight months of this year totalled 341,471 tonnes, four per cent above the corresponding period last year and engaged 61 per cent of total beef consumption (two percentage points higher than 2013).
TheMeatSite News Desk