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Russian Beef Imports Down In 2010

04 February 2011
Meat & Livestock Australia

RUSSIA - Russian beef imports during 2010 decreased 2 per cent year-on-year, to 625,830 tonnes swt - well below the 810,729 tonnes swt registered in 2008.

Meat and Livestock Australia maket analysts says that the contraction in imports for the year was largely due to a sharp decrease in beef imports from Argentina, which fell 76 per cent on the previous year, to only 33,458 tonnes swt.

The decline in Argentinean shipments for 2010 was due to a significant contraction in beef production, with product also remaining in the Argentinean market, attracted by record high prices.

Russian imports from Brazil also declined for the past year, falling 13 per cent, to 282,092 tonnes swt - with shipments impacted by increased volumes to the Middle East.

Taking advantage of lower shipments from the two main South American suppliers, imports from Australia during 2010 jumped 154 per cent year-on-year, to 41,164 tonnes swt (Russian beef import figures differ from the Australian Department of Agriculture, Fisheries and Forestry's Australian export data due to transport delays and documentation variations).

Trade from the US jumped 613 per cent for the year, to 22,292 tonnes swt, assisted by the weak US$. Similarly, imports from Paraguay rose 37 per cent, to 64,089 tonnes swt, while shipments from Uruguay increased 19 per cent, to 78,926 tonnes swt.

TheCattleSite News Desk


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