The Irish sheep to conquer new markets

Published 2021년 5월 25일

Tridge summary

Ireland is the 27th largest exporter of sheepmeat in the European Union, having seen a 65% increase in sales since 2010. The country exports over 90% of its production, with prices reaching record highs due to New Zealand's focus on the Chinese market and the UK's self-sufficiency post-Brexit. This self-sufficiency, coupled with limited sheepmeat production space in New Zealand due to competition with beef and dairy, has led to a lamb shortage and a surge in prices. Despite the UK's potential to negotiate new free trade agreements with New Zealand, a no-deal Brexit has prompted Irish farmers to withhold from fattening, fearing a shortage and driving prices up further. However, an increase in the number of ewes is expected to balance the market in the next year.

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

Original content

Ireland exports more than 90% of its sheepmeat production: 66,000 tonnes of carcass equivalent (tec) per year. It is setting out to conquer new export markets both on the European continent and towards third countries. Since 2010, its sales have grown by more than 65%. Lately, the economy has never been so favorable for this euro area country: sheepmeat prices are reaching new heights, New Zealand has been captured by the Chinese market and since the entry into force of Brexit , the United Kingdom has entrenched itself on its island. With 3.9 million animals, including 2.6 million ewes and ewes, Ireland is now the 27th largest sheepmeat exporting country from the European Union. On the European continent, it has access to a market of more than 450 million consumers without taxes or duties, while British meat exporters must pay penalizing customs fees and veterinary checks (0.10 Ä to 0 , 15 Ä per kilo of carcass). Takeover France, which imports half of the lamb meat consumed, is ...

Source: Eure Agricole