In 2022, Australian lamb and mutton exports saw growth and diversification. Lamb exports increased by 7% to a record 284,257 tonnes, with the United States and China as the top two markets. Mutton exports also grew by 2% to 144,005 tonnes, although the top five markets accounted for over 75% of Australia's exports. There was a notable shift in storage modes, with chilled exports reaching the smallest share since 2015, likely due to improved supply chain reliability, a trend expected to support higher red meat export values.