Australian beef and lamb industry eyes on Morocco tourist potential

Published 2023년 12월 13일

Tridge summary

The US beef industry is a major competitor to Australia globally and has identified Morocco as a target for trade missions, seeking to take advantage of growing food service and retail sectors in the country. Australia currently faces high import duties for beef and sheepmeat in Morocco, but a trade agreement could open up opportunities for the country's sheepmeat industry. However, exporters to South Korea face challenges during the Christmas period as consignments can be rejected if health certificates don't arrive before the container, highlighting the need for logistical adjustments during this time of year.

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

Original content

The United States beef industry is arguably Australia's major competitor globally at the top end of the international retail and food service sector for beef. The United States Department of Agriculture supported by the US Meat Export Federation has listed as one of its five targets for US trade missions in 2024, the Kingdom of Morocco in the Maghreb region of North Africa. Morocco receives over 10 million tourists each year and the sector employs over half a million people. As a major tourist destination, Morocco has a thriving food service and retail sector but Australia currently faces import duties of more than 200 per cent for both beef and sheepmeat. What does the US see that we don't? The answer is a free trade agreement. The Kingdom had a devastating earthquake earlier this year. While the destruction was significant, tourism is one of the country's major foreign currency earners. A quick return to business as usual has been an important objective of the government. ...

Source: Farmweekly