UAE: Why Dubai is so attractive to beef and lamb

Published 2024년 9월 18일

Tridge summary

A new free trade deal with the UAE will remove tariffs on Australian lamb and beef, opening up a valuable and fast-growing market. The UAE is the fifth largest market for chilled beef and beef's 12th largest market by volume. For lamb, it is the third largest market and Australia has a 68% share of the UAE market for sheepmeat. The deal is expected to deliver $50 million in tariff savings to Australian farmers annually. The National Farmers' Federation anticipates that other commodities such as dairy, oil seeds, seafood, canola seeds, nuts, honey, chickpeas and lentils will also benefit from the deal.

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

Original content

The removal of tariffs on Australian lamb and beef going to the United Arab Emirates under a new free trade deal will open lucrative doors that have been in the sights of exporters for some time. The UAE has been pinpointed as a valuable and fast-growing market for red meat. It has a large number of wealthy, discerning consumers who value the quality Australian livestock producers can supply. It is beef's 12th largest market by volume but it sits at fifth spot for chilled product and sixth for grainfed. For lamb, it is the third largest market and takes a big number of whole carcases and strong volumes of leg and shoulder cuts. Australia has a 68 per cent share of the UAE market for sheepmeat. In beef, Australia only has a 4pc share with Brazil and India the largest suppliers. Already, industry research and development investments have honed in on technical market access gains in the Middle East around extended shelf life and food safety, aimed at increasing the commercial ...

Source: Farmweekly