India to Become World's Largest Beef Exporter
INDIA - India is forecast to become the world’s leading beef exporter in 2012 due to an expanding dairy herd, efficiency improvements, increased slaughter and price-competitiveness in the international market particularly vis-à-vis Brazil.
20 April 2012
1 minute read
Exports currently account for 44 per cent of production.
According to the USDA Livestock & Poultry: World Markets & Trade, India’s exports are exclusively deboned frozen buffalo meat (carabeef) which is included in USDA’s global estimates of beef (bovine) meat production.
Export sales have made significant inroads in the Middle East, North Africa and Southeast Asia (key Brazilian markets) as all carabeef is lower priced and produced according to halal standards.
In 2012, additional export orientated slaughterhouses are expected to come on line, increasing supplies. Production gains are largely destined for the export market. Domestic demand is constrained by cold-chain facilities and consumer preference for non-bovine proteins such as poultry products, dairy products and pulses.
India is the only country expected to significantly increase beef production in 2012 to 3.5 million tonnes. Australia are some way behind India forecast to produce 2.2 million tonnes (an increase compared to 2011 production), whilst the US stays at the top beef production at 11.5 million tonnes.
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