Australia's lamb exports hit record high

Market & Price Trends
Published Nov 13, 2023

Tridge summary

Australia's lamb exports have reached a record level, with 50,801 tons being supplied abroad. China was the leading importer, with a 57% increase in imports. The Middle East and MENA countries also saw significant increases in imports, while exports to the US decreased by 20%.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In October, 20,197 tons of this meat were supplied abroad, which is 51 percent more than the same month last year and as of September 23 this year. China led the way in imports last month, rising 57 percent to 10,195 tons. Perhaps this situation is related to China’s desire to diversify imports of meat products against the backdrop of risks for other types of meat. Russia has significantly increased pork supplies in 10 months Second place went to the countries of North America, which are historically traditional consumers of lamb. They purchased 7,142 tons. 5,641 tons were sent to the United States, or 20 percent less, while supplies to Canada, on the contrary, increased by 46% to 1,400. Next come the Middle East and MENA countries from North Africa, where 3,697 tons were exported (+166 percent). The largest increase was in Saudi Arabia - by 255% year-on-year or up to 1,261 tons; in general, supplies of this meat to all major markets of these macro-regions more than doubled. The ...
Source: Rosng
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