Tridge summary
Australia's lamb exports in 2022 saw a significant increase, with a total of 284,256 tonnes swt, marking a 7% rise from the previous year and 7% above the five-year trend. This surge was attributed to fewer maintenance downtimes, more consistent throughputs, and a strategy to focus on lambs over mutton. Despite challenges such as labor shortages and the delay of old season lambs, the industry remains optimistic about a potential record year in 2023. However, factors like global and domestic demand, workforce capacity, and lamb carry-over could influence the outcomes. In contrast, mutton exports in 2022 were 9% below the five-year average, with plants making up the shortfall by processing more lambs. The industry faces ongoing challenges, including labor shortages, potential dry spells, and animal health issues, which could affect future production and export dynamics.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
AUSTRALIA could be set for another record lamb export result in 2023 after a big year in 2022, but global versus domestic demand, workforce capacity and lamb carry-over are expected to be key factors. In his latest Episode3 sheep meat summary, analyst Matt Dalgleish has reported that Australian lamb export volumes for December 2022 finished the year marginally ahead of the five-year trend. There was 23,174 tonnes of lamb exported for the final month in 2022, bringing the year’s total exports to 284,256 tonnes swt. “This represents lamb export volumes that are 7 percent ahead of the 2021 season and also 7pc above the average annual volumes according to the five-year trend,” Mr Dalgleish said. “Indeed, annual lamb export volumes were the strongest on record and 1pc higher than the previous record set in 2019.” Click here for the full EP3 report WAMMCO chief executive officer Coll MacRury said plants had been able to achieve the 2022 lamb export results by having less down time for ...
Source: Sheepcentral
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