Australia: Live sheep exports slide as countries find other trade partners

Published 2023년 6월 19일

Tridge summary

In May, Australia saw a 21% increase in live sheep exports compared to April, reaching 95,820 head, despite being 26% lower than the five-year average. The majority of these exports were sent to Middle Eastern countries, including Kuwait, Israel, the United Arab Emirates, Jordan, and Oman, in anticipation of the summer moratorium. Oman experienced the highest growth, importing 18,446 head, a 163% increase from April. Despite the decline in live sheep exports over the years, the Australian Live Exporters Council remains optimistic about the market's future, citing increased interest from Saudi Arabia, the world's largest importer of sheep.

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

Original content

Live sheep exports experienced a boost in May as exporters prepared for the annual summer moratorium. Total sheep exports from Australia in May came in at 95,820 head, a seven per cent increase from April volumes, according to figures from the Department of Agriculture, Fisheries and Forestry. Although export levels remain 26pc below the five-year average pattern for May, they are well above May 2022 level, when 54,719 head were shipped to Kuwait, the United Arab Emirates and Malaysia. This year May exports by sea were split between five Middle Eastern countries with the lead-up to major festival Eid al-Adha, which involves the ritual sacrifice of sheep, cattle, goats and camels likely giving numbers a bit of a bump. Kuwait took 34,988 sheep from Australia in May, which is 39pc below the five-year average for May and 23pc down on April volumes. Israel and the United Arab Emirates each took 20,000 head of sheep during the month, while 18,895 head went to Jordan, 176pc increase from ...

Source: Farmweekly