Indian Buffalo Meat Exports Grow to Record Levels
INDIA - Indian buffalo meat exports have grown to record levels in the last two years, making India the fourth country in the world to export more than 1 million tons of bovine meat annually, according to the USDA Foreign Agricultural Service.
20 September 2012
1 minute read
As a result, 2013 buffalo meat exports are forecast at 2.15 million tons (on a carcass weight equivalent basis), around 30 per cent over the estimated 1.66 million tons exported in 2012.
2011 buffalo meat exports are revised up to a record 1.29 million tons.
India’s growing exports are the result of its low cost of production (relative to international competitors). Production costs are low due to herd growth from strong dairy demand and new incentives from slaughter facilities to salvage previously underutilised animals.
As a price-based competitor, India has seen export increases in the previous two years to Middle Eastern, African and Southeast Asian countries
India’s bovine herd continues to grow in response to strong demand for dairy products, with 2013 combined stocks forecast at 327 million head and 2012 combined stocks estimated at 323.74 million head.
India’s per capita buffalo meat consumption is estimated at approximately two kilograms per year. Increases in local consumption are marginal, reflecting population growth and India’s preference for vegetarian and dairy-based protein sources.
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