Dairy Growth to Support Indian Buffalo Exports
INDIA – Buffalo meat exports from India are tipped to rise in the coming years as the sector booms as a by-product of expanding dairy production.
6 January 2015
1 minute read
Indian carabeef (buffalo meat) exports will reach 2.2 million tonnes carcase weight equivalent for 2020, expects a team of Australian researchers.
However, little impact will be felt on a world scale other than a slight price downturn, with beef markets deemed “sufficiently flexible” to allocate product elsewhere.
A Meat and Livestock Australia (MLA) analysis was commissioned to look into India’s buffalo production and its impact on world beef markets over the next five years.
The study concluded that three years of growth in carabeef exports would continue as long as 80 per cent of the country remained Hindu, leaving slaughter animals for export.
Other factors were continued custom in China, Malaysia, Viet Nam and Saudi Arabia, where carabeef traders have gained a “strong foothold”.
Higher Muslim and Christian carabeef consumption is expected to underpin higher domestic consumption, rising to around 14 kilos per capita among this demographic by 2020, which will account for 900,000 tonnes.
However, analysts state India is “unlikely” to supply traditional Australian markets within the short to medium term.
TheCattleSite News Desk
