Australian exports pick up the pace

Updated Mar 10, 2023
Red meat exports in February continued the strong start seen in January, rising 20% from the same period last year to 125,003 tonnes. Off the back of higher slaughter numbers in 2023, Australian red meat export volumes grew in February to 125,003 tonnes – 20% higher than the same period in 2022. High demand in overseas markets, alongside a complex supply picture in other exporting regions, has given Australian exporters solid export conditions as production continues to rise.
Beef February 2023 exports totalled 70,379 tonnes, 18% higher than February 2022. This was due to an increase of 34% in grassfed exports to 47,165 tonnes. In comparison, grainfed exports declined 5% year-on-year to 23,214 tonnes. Beef exports year-on-year: Japan grew by 3% year-on-year to 16,657 tonnes. South Korea grew 26% to 13,342 tonnes. China grew by 9% to 12,528 tonnes. United States grew by 30% to 11,623 tonnes. Exports to Indonesia grew by 237% to 6,301 tonnes. The substantial growth in the Indonesian market is the largest February increase for exports to Indonesia on record. This accounted for almost 9% of Australian beef exports in the month – the highest proportion of any month on record. Figure 1: February beef exports to major markets 2021-2023 Source: Department of Agriculture, Fisheries and Forestry Lamb and mutton As a total, sheepmeat exports have grown by 19% to 38,360 tonnes year-on-year. In 2023, lamb exports grew by 10% to 11,769 tonnes, however mutton exports ...
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