Beef Exports To South Asia Driven By Global Supply
GLOBAL - Beef exports to South East Asia and Greater China (SEA & GC) from major suppliers in the world showed distinctive trends during January to October, reports Meat and Livestock Australia (MLA).
30 November 2011
2 minute read
MLA reports that directly driven by strong demand in the region and increased supply available for exports, shipments from Australia, the US, Canada and India increased compared with 12 months ago. Meanwhile, Brazilian and New Zealand volumes to the region decreased.
Indian beef exports to the region during the 12 months to April 2011 (latest data available) increased 11 per cent year-on-year to 248,691 tonnes swt. Although having continued to fill the majority of demand for low-priced beef imports in SEA & GC, India has shifted its export focus from SEA & GC to other markets in the 12 months to April 2011.
About 35 per cent of total Indian beef exports were shipped to SEA & GC over this period compared with the 45 per cent registered a year ago.
MLA states that US beef exports to SEA & GC during the first nine months of 2011 were assisted by the weak US$, and increased 17 per cent year-on-year, to 100,703 tonnes swt. The US sent about 15 per cent of its total beef exports to SEA & GC during this period.
Canadian beef exports to the region during January to September 2011 increased 17 per cent year-on-year, to 16,592 tonnes swt, although relatively small compared to shipments from other countries.
Brazilian beef exports to the region during January to October decreased eight per cent year-on-year, to 70,108 tonnes swt, directly influenced by the ongoing high prices and strong Brazilian domestic demand.
About 10 per cent of Brazilian beef exports were shipped to SEA & GC during this period. New Zealand also exported 17 per cent less beef to SEA & GC during January to October, at 55,389 tonnes swt, following a fall in total exports.
Following a five per cent rise in Australian shipments to the region over the 10 months to October 2011, to 114,073 tonnes swt, exports of Australian beef to SEA & GC over the first four weeks of November have proved strong, totalling almost 15,000 tonnes swt. As buyers prepare for the coming seasonal high consumption period, the Australian beef trade with the region is expected to reach a new record in 2011.
TheCattleSite News Desk
