AUSTRALIA - Australian red meat exports to South East Asia showed strong growth in 2014, with a range of opportunities for the industry, according to Meat and Livestock Australia.
While Indonesia remained the largest and most influential destination for Australian red meat in the region, countries such as Malaysia and Philippines are also becoming increasingly important in the landscape.
Shipments of Australian red meat to nine countries (Malaysia, Philippines, Singapore, Vietnam, Thailand, Brunei, Cambodia, Laos and Myanmar) during 2014 reached 108,033 tonnes, up 12 per cent from the previous year, and 67 per cent on 2010 volumes. Out of the total exports, 62 per cent (66,799 tonnes) was beef, 20 per cent mutton, and 12 per cent lamb.
While Australian red meat trade with these markets during 2015 is anticipated to ease from 2014, largely due to reduced supplies from Australia, the region’s ongoing economic growth and population increase will likely to support future export growth for mid to long term.
TheMeatSite News Desk