Lower goatmeat prices create opportunities in Australia

Goatmeat producers would be the first to concede that 2023 was one of their toughest years but lower over the hooks prices have created fresh export opportunities. Meat and Livestock Australia say the goatmeat price correction that occurred over the past 12 months has prompted the re-emergence of demand from old markets such as Trinidad and Tobago. For January to October, Australia exported 1,522 tonnes of shipped weight (swt) to Trinidad and Tobago, up from 952 tonnes swt for the same period in 2022, and the largest volume for the same period over the past four years. The volumes to Trinidad and Tabago are small in comparison to the United States which remains Australia's largest export market for goatmeat. Goatmeat export data for January to October 2023 released by MLA this week shows that Australia exported just over 11,329 tonnes swt goatmeat for that period to the US, up from the 10,984 tonnes swt exported to the US for the same period in 2022. It is the largest volume ...