South Korea’s goatmeat demand grows

Published 2024년 1월 3일

Tridge summary

Demand for Australian goatmeat is growing in South Korea, Trinidad and Tobago, and China, with the US continuing to be the largest market for Australian goatmeat. Exports to South Korea, Taiwan, and Canada remain steady, while the lower goatmeat prices have led to increased demand from China. The re-emergence of demand from Trinidad and Tobago is also driven by the goatmeat price correction.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Demand from South Korea for Australian goatmeat continues to grow, while demand from other markets including Trinidad and Tobago has also increased this year, new MLA data has revealed. Goatmeat export data for January to October 2023 shows the US continues to be the largest market for Australian goatmeat. Australia exported just over 11,329 tonnes of shipped weight (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 Australia has exported to the US for the January to October period since 2019, when it exported 12,574 tonnes swt. As we have seen in the last four years, South Korea's demand continues to grow year-on-year. For January to October, Australia exported just over 5,337 tonnes swt of goatmeat to South Korea, up from 3,413 tonnes swt exported for the same period in 2022. Exports to other key markets including Taiwan and Canada remain stable. Australia exported 1,664 tonnes swt of ...
Source: Mla

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