Australia beef and veal export reached 4.77 billion dollars

Thursday, February 28th 2013 - 05:40 UTC

Full article 3 comments

Sales to Japan declined 8% but remain the main market with 1.5bn

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)

Categories: Economy, International.

Tags: Australia, Australian beef.

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Anglotino
$1.5 billion to Japan
$1 billion to the US
$149 million to China

I can see where the next boom market for Aussie meat will be!
Feb 28th, 2013 - 08:53 am 0
ManRod
Australian Beef is the best tasting... I have often eaten it in Chile, quite popular.
Feb 28th, 2013 - 10:42 am 0
redpoll
@1 Aussie Our Uruguayan beef commands a higher price than Oz and probably why Chileans can only afford Oz or Paraguayan beef? We are quota restricted to the US but the Korean and hopefuly also the Japanese markets will very soon be open to us so watch out OZ!
Chinese buy a lot of the inferior cuts from us also and I think that our Meat Corporation has recently opened two topflight restaurants in Shanghai and Macoa to penetrate the top end of the market with selected Angus and Hereford cuts. So Aussie croppies beware or you will soon be playing catchup with us Uruguayans
Feb 28th, 2013 - 03:12 pm 0

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