Australia: Goat meat export demand rises

Published 2024년 5월 15일

Tridge summary

In 2023, Australian goat meat exports experienced a 55% surge, reaching the second highest volume on record since 2014 with 33,891 tonnes. This growth trend continued into the first quarter of 2024, marking one of the highest quarters in history with a total export of 9,995 tonnes, a 52% increase from the same period in the previous year. The United States was the largest market, doubling its imported volume from the previous year, while South Korea surpassed China as the second largest market. Despite a decrease in demand from China, other traditional markets like Taiwan and Trinidad and Tobago saw an increase in exports. Producers and processors remain optimistic about the market's future, despite challenges in the supply chain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Following a 55 per cent surge in the Australian goat meat export volume in 2023, the momentum has continued into the first quarter of 2024, marking it one of the highest in history. With a total of 33,891 tonnes (shipped weight) Australian goat meat exported in 2023, the industry reached its second highest volume of record for a calendar year since 2014. Meat and Livestock Australia category and market insights analyst Emiliano Diaz said goat meat export volumes remained robust. "The first quarter of 2024 marked one of the highest quarters in history, with total exports reaching 9995t (swt) a slight increase of 0.5pc from quarter four 2023, and a significant 52pc rise from quarter one 2023," he said. "This upsurge is a continuation of the growth trend observed throughout 2023, driven by an increase in Australian goat meat production and competitive pricing." During the January to March 2024 period, the largest market was the United States, with an imported volume of 5548t (swt), ...
Source: Farmweekly

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