Australia set a record for lamb and beef exports in 2023

Published 2024년 1월 28일

Tridge summary

In 2023, Australia saw a significant increase in its meat exports, reaching record levels. The main market was China, with lamb and mutton exports increasing by 30% and 70% respectively. There was also substantial growth in exports to the Middle East and North Africa. Beef exports rose by 27%, with the US accounting for half of this increase. Despite a decrease in volume, Japan remained the second largest market. There were also increases in exports to China and South Korea, and Indonesia emerged as the fifth largest market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The volume of lamb and mutton exports from Australia in 2023 reached historical levels, amounting to 326 thousand tons and 209.6 thousand tons, respectively. This is reported by Meat & Livestock Australia. China emerged as the main market, receiving 30% more lamb (67.8 thousand tons) and 70% more lamb (97.5 thousand tons) during the year. This led to an increase in China's share of total lamb exports to 31%. Additional substantial growth was seen in exports to the Middle East and North Africa (MENA) region, the second largest lamb market this year. After a relatively small export volume in 2022, lamb exports to this region increased by 63% to 95.9 thousand tons, covering all major importing countries. Meanwhile, Australian beef exports in 2023 rose 27% to 1.08 million tonnes, the highest level since 2019. About half of the volume increase came from the US, where shipments were up 84% year-over-year. Japan remains the second largest market, although it has experienced a reduction ...

Source: Landlord