Australian beef and veal export values in 2012 increased 2% year-on-year, reaching 4.77 billion dollars. While beef and veal export volumes during 2012 notched a record, values were short of the equivalent feat, influenced by a greater proportion of exports made up of frozen product and the high Australian dollar.
Values to Japan declined 8% compared to 2011, at 1.5bn dollars, with the majority (56%) made up of chilled shipments, valued at 848 million, and the remainder frozen.
In contrast, exports values to the US were up 37% year-on-year, reaching one billion, with the majority (79%) made up of frozen product, at 791 million dollars.
Beef and veal export values to Korea declined 16% from 2011, at 648 million, caused by reduced volumes shipped, while Taiwan accounted for 210 million, up 7% year-on-year.
Values to China reached 149 million, up 154% over the same period, following the substantial rise in beef exports in 2012.
The value of beef and veal shipments to Russia (149 million) declined 35% year-on-year, with volumes impacted by competition from Brazil, while Indonesia’s value (120 million) was down 30% over the same period, squeezed by reduced permits. (Meat Trade News)