New Zealand's red meat exports increase

Published 2022년 12월 20일

Tridge summary

In October 2022, New Zealand saw a significant increase in its red meat exports to Italy, with a 244% rise compared to the same month in 2021. This surge was largely driven by increases in lamb and beef exports. The total export value for October 2022 was $737 million, a 6% increase from the previous year, with China being the largest market. The country also experienced an 82% rise in exports to Canada. Octopus:

Additionally, New Zealand saw a 21% increase in the value of its beef exports, largely due to increased exports to China, despite a slight decrease in the volume of lamb exports. The value of cowhide exports also surged, reaching the highest monthly value in over four years. Overall, exports in October 2022 were worth $175 million, marking a 12% increase from October 2021.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the analysis of the New Zealand Meat Industry Association (MIA), New Zealand's red meat exports to Italy in October 2022 increased by 244% compared to October 2021, of which lamb and beef exports skyrocketed. New Zealand's red meat exports in October 2022 were worth 737 million USD, up 6% compared to October 2021; in which exports to China are the most, reaching 290 million USD, followed by the US (134 million USD), Japan (32 million USD) and then Italy (26 million USD). Exports to Canada also increased by 82 percent, to $22 million. Mr. Sirma Karapeeva - CEO of MIA said that October was a stable month for exports, but exports to Italy had a significant change compared to 2021. Italy is an important market for cowhide, which is used to make luxury goods. October 2022 cowhide exports increased by $5.6 million compared to October 2021 to $19.5 million and this is the highest monthly value in more than four years. Lamb meat exports to Italy were worth $4.3 million, ...

Source: Vinanet