July 11, 2008

 

Australian beef exports to Southeast Asia leap by 32 percent

   
  

Australia's beef shipments to Southeast Asia and China for 2007-08 jumped by 32 percent on-year to total 85,425 tonnes swt, the highest in 9 years.

 

The robust exports to the region were attributed to a growing demand in the retail and food service sectors in Indonesia, Philippines and Singapore, particularly in the fast food segments.

 

Beef shipments to Indonesia jumped by 64 percent to a record high of 31,743 tonnes swt, boosted by a 72-percent surge in manufacturing beef volume, at 17,616 tonnes swt.

 

As Brazilian beef prices surge, there has been increasing orders for Australian beef particularly from Indonesia and the Philippines, the majority of which were used in meat balls, sausages and corned beef production.

 

Exports to the Philippines rose by 184 percent over the past year, to 7,746 tonnes swt, with manufacturing beef volume jumping nearly four-fold to 7,051 tonnes swt, 91 percent 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-percent surge in neck consignments partly attributed to the growth.

Video >

Follow Us

FacebookTwitterLinkedIn