2024, a big year for Australian exports

The Australian red meat industry is on track to achieve significant export milestones in 2024, with total export volume surpassing 2 million tonnes to end of November. Beef exports are on track to reach all-time highs, while lamb, mutton, and goat exports have already set new benchmarks. These results demonstrate the strong global demand for Australian red meat, underscored by high levels of trust and industry dedication to quality. With short domestic beef supply, the United States has seen a significant lift in shipments from Australia, and there has also been notable strong growth in Japan, South Korea and the Middle East (for sheepmeat). Indonesia and other South-East Asian markets have also grown strongly. The impressive export numbers deserve recognition, particularly as significant challenges in the broader landscape remain. Global economic pressures, high living costs and ongoing political and trade uncertainties continue to affect consumer confidence and profitability for ...