Australia: Record export highs continue

Published 2024년 11월 8일

Tridge summary

In October, Australian beef exports hit a record high of 130,049 tonnes, with the United States leading as the largest market, showing a 64% year-on-year increase. South Korea and Indonesia also experienced significant growth in beef imports. While lamb exports decreased by 13% due to reduced demand from China, overall year-to-date exports rose by 14%. Mutton exports increased by 35%, with China as the top market. Goatmeat exports reached a record 5,772 tonnes, with the US as the largest importer. Australian red meat exports are poised to set new records across all categories in 2024.

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

Original content

Australian beef exports in October reached 130,049 tonnes, breaking the record for the most beef exported in a single month for the second time this year. Goatmeat exports also reached record-breaking numbers, with lamb and mutton recording very high export numbers. Australian red meat exports are set to break records across all categories in 2024. Beef exports Exports of beef rose 24% from last year to 130,049 tonnes. This is the largest export volume in a single month on record, beating the previous record set in July. The United States (US) was the largest market for Australian beef for the month, with exports rising 64% year-on-year to 45,338 tonnes. This is the second-highest volume of beef exported to the US in a single month. While frozen exports made up the majority of beef exported, chilled exports saw an 88% rise year-on-year to 11,572 tonnes, the highest chilled volume to the US on record. After the US, South Korea was the second largest market for Australian beef and ...

Source: Mla