Beef, Veal Exports to South Asia Declined in April
AUSTRALIA - Australian beef and veal to South Asia during April declined five per cent year-on-year, to 8,482 tonnes swt (Department of Agriculture, Forestry and Fisheries), reports meat and Livestock Australia (MLA).
9 May 2012
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The fall in exports during April is the first monthly year-on-year decline so far in 2012, although exports for the first four months are still six per cent above year ago levels at 37,264 tonnes swt.
Exports to Taiwan continue to dominate market share, with shipments rising 38 per cent year-on-year, to 3,468 tonnes swt in April. As a result of the partial ban on US imports, demand for Australian product remains strong. Shipments to Indonesia (1,391 tonnes swt) during April increased 81 per cent on the corresponding period, with a rebound in demand underpinning the growth. Shipments to Hong Kong increased 29 per cent year-on-year, to 598 tonnes swt.
However, offsetting these increases were falls in exports to all other markets, with shipments to Malaysia (951 tonnes swt), Philippines (809 tonnes swt) and Singapore (747 tonnes swt) declining 26 per cent, 64 per cent and eight per cent year-on-year, respectively.
Despite remaining the most popular cut, manufacturing exports during April fell 52 per cent year-on-year, to 1,823 tonnes swt, with high global prices influencing demand. However, exports of shin/shank (predominantly exported to Taiwan) surged 45 per cent over the same period, to 1,641 tonnes swt.
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