New ASF outbreaks in Asia and low exports from Australia presents an opportunity in the global market

Published 2021년 4월 28일

Tridge summary

Australia's meat exports in March reached a 10-year low due to a severe African swine fever (ASF) outbreak in Asia, particularly in China. The disease has led to a significant decrease in pig numbers, leading to dietary changes and a surge in pork imports. Despite efforts to develop a vaccine, none are currently available. The ASF outbreak has also affected Southeast Asian countries like Indonesia, the Philippines, Malaysia, and Vietnam, impacting the Australian swine industry. Meanwhile, Australian beef exports have seen a decline in major markets like Japan, China, and the US, due to limited supply and high demand in Southeast Asian countries. Australia sees this as an opportunity to meet the red meat demand in these regions.

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

Original content

While Australia's meat exports in March were the lowest in 10 years, an African swine fever (ASF) mutation threatens the swine industry in Asia. These could be the signals for a country to establish itself as a major player in the global meat market. In 2021, ASF remains the most important factor affecting China's meat sector in production, imports and consumption, two and a half years after its first entry into China in mid-2018. Despite significant investments in ASF vaccine development, none have yet reached the commercial development stage and trials have mixed results. (Read: New ASF strains in China: opportunity to reach this market with beef?) According to the Meat & Livestock Australia portal, although pork production in China began to recover in the fourth quarter of 2020, it is expected to take several years due to the large loss of the number of piglets, at least until 2025 indicate the forecasts. The appearance of a mutation of the ASF virus in Asia also complicates ...

Source: MXContexto