Beef Exports to South Asia Jump
AUSTRALIA - Australian beef exports to South-East Asia/Chinas during 2007-08 grew 32% compared with the previous year to total 85,425 tonnes swt – the highest volume for the past nine years. Stronger exports to the region were largely driven by growing demand in the retail and foodservice sectors in Indonesia, Philippines and Singapore, particularly in the fast food segments.
11 July 2008
1 minute read
Beef shipments to Indonesia jumped 64% during 2007-08, to a record high of 31,743 tonnes swt, boosted by a 72% surge in manufacturing beef volume, at 17,616 tonnes swt. Higher Brazilian beef prices led to increasing orders placed for Australian product from Indonesia and the Philippines, the majority of which were used in meat balls, sausages and corned beef production. Exports to the Philippines rose 184% over the past year, to 7,746 tonnes swt, with manufacturing beef volume jumping nearly four fold to 7,051 tonnes swt, 91% of the total shipments to the market.
Australian beef sent to Singapore almost doubled during 2007-08, reaching the highest volume on record, at 8,027 tonnes swt, with a 140% surge in neck consignments partly attributed to the growth. Increased interest in Australian product was also reported from China (up 66%), Hong Kong (up 61%), Malaysia (up 54%), Thailand (up 11%) and Vietnam (up 39%). Meanwhile, volumes sent to Taiwan fell 14%, to 26,281 tonnes swt, attributed to reduced shipments of Australian shin shank and knuckles.
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