On-the-Ground Updates

Indonesia Struggles to Compete With China for the Supply of New Zealand’s Beef in W9

Offal
Breda Van Niekerk
Published Mar 3, 2023
Indonesia finds it very difficult to afford New Zealand's beef due to high demand with higher prices from China. New Zealand's beef production plants registered to export to Indonesia are also authorized to export to China. It is almost impossible to procure any product for Indonesia. In China, the beef cuts that Indonesian prefer to buy sell on average for 31% more. Here are some comparisons of prices for W9:

(Prices in China - (Prices in Indonesia))
Beef Tenderloins 1.8kg +: USD 17.50/kg - (USD 13.12/kg)
Tongue Roots: USD 2.10/kg - (USD 1.64/kg)
Hearts: USD 2.75/kg - (USD 2.30/kg)
Lips: USD 3.15/kg - (USD 2.62/kg)
Brisket Bones: USD 2.05/kg - (USD 1.31/kg)
Neck Bones: USD 2.27/kg - (USD 1.64/kg)

This situation is anticipated to continue for at least the next 12 months.

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