GITNUX MARKETDATA REPORT 2024

The Most Surprising Australian Beef Exports Statistics And Trends in 2024

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The Australian beef export sector is a major contributor to the country’s economy, with exports valued at around $10.8 billion AUD in 2019 and 1.039 million tonnes of beef exported in 2020 alone. In 2020, Australia was the largest beef exporting country in the world and its top market for exports was China with 26% of total share. Approximately 63% of all Australian beef went to Asian markets while 18% were sold to United States customers that same year. South Korea saw an increase of 7%, while Japan dropped from 37% in 2015 down to 28%. The European Union imported about $250 million worth of Aussie Beef last year under their Hilton Quota agreement which granted them a 7,150-tonne quota for high-quality imports from Down Under.

Australian Beef Exports also support approximately 200,000 jobs across multiple industries including farming and processing as well as transport services related to shipping goods overseas or domestically within Australia itself – making it one third more than what domestic consumption provides employment wise. One third (33%)of Aussie production is expected be exported by 2021; chilled meat has seen 5 % growth this past half year whilst grass fed makes up 58%. Average value per kilogram stands at AUD$741 according to MLA projections made back in 2019 but prices have been on the rise since then due mainly increased demand from Asia where Indonesia’s 36 percent jump shows just how much potential there still remains untapped. Finally ,Australia holds 16 percent global market share when it comes too red meat exports – aiming towards 20-23 billion dollars annually by 2030 .

The Most Important Statistics
In 2019, the value of Australian beef exports was around $10.8 billion AUD, making it the largest beef exporting country in the world.

This statistic is a testament to the success of Australia’s beef export industry, highlighting the country’s position as the world’s leading beef exporter. It is a powerful indicator of the strength of the industry and the potential for further growth. It also serves as a reminder of the importance of the industry to the Australian economy, as it contributes significantly to the nation’s GDP. This statistic is a key piece of information for anyone interested in learning more about the Australian beef export industry.

Approximately 18% of the total Australian beef exports go to the United States.

This statistic is significant in the context of Australian beef exports, as it highlights the importance of the US market for the industry. It demonstrates that the US is a major destination for Australian beef exports, and that the industry relies heavily on this market for its success. This statistic is a reminder of the importance of maintaining strong trade ties with the US, and of the need to ensure that Australian beef exports remain competitive in the US market.

Australian Beef Exports Statistics Overview

In 2019, Australian beef exports to the European Union were valued at about $250 million AUD.

This statistic is a powerful indicator of the success of Australian beef exports to the European Union in 2019. It demonstrates the significant economic impact that the industry has had on the Australian economy, and highlights the potential for further growth in the future. It also serves as a reminder of the importance of the Australian beef industry in the global market, and the need for continued investment in the sector.

In 2020, the average value of Australian beef exports stood at AUD$7.41 per kilogram.

The fact that the average value of Australian beef exports in 2020 stood at AUD$7.41 per kilogram is indicative of the success of the industry. It shows that despite the challenges posed by the pandemic, the Australian beef export sector has been able to remain competitive and profitable. This statistic is a testament to the resilience of the industry and its ability to adapt to changing market conditions.

Australian beef exports to Indonesia increased by nearly 36% in 2020.

The remarkable 36% increase in Australian beef exports to Indonesia in 2020 is a testament to the strength of the Australian beef industry. It is a clear indication that the industry is thriving and that the demand for Australian beef is growing. This is great news for the Australian economy, as it means more jobs and more money flowing into the country. It also shows that the Australian beef industry is well-positioned to take advantage of the growing demand for beef in Indonesia and other countries in the region. This is an encouraging sign for the future of the industry and a positive sign for the Australian economy.

Australia is the third-largest beef exporter in the world, representing about 16% of the global market share.

This statistic is a testament to the success of Australia’s beef export industry, highlighting its impressive global market share. It demonstrates the country’s ability to compete in the international market and the strength of its beef production. This is an important point to make in a blog post about Australian Beef Exports Statistics, as it provides readers with a clear indication of the industry’s success.

Conclusion

The Australian beef export sector is a major contributor to the country’s economy, with exports valued at around $10.8 billion AUD in 2019 and expected to reach between $20-23 billion AUD by 2030. In 2020, Australia exported 1.039 million tonnes of beef – making it the largest beef exporting country in the world – with 63% sold to Asian markets and 18% going to the United States. China was Australia’s top market for beef exports last year, accounting for 26% of total share while South Korea saw an increase of 7%. The European Union also received approximately 250 million AUD worth of Australian Beef Exports in 2019 under its Hilton Quota system while Mexico experienced a 77% growth rate during 2021 alone. Grass-fed products made up 58 percent of all Aussie exports this June as well as having an average value per kilogram standing at AUD$741 throughout 2020/21 financial year; supporting 200 000 jobs across rural communities nationwide along the way too.

References

0. – https://www.foodnavigator-asia.com

1. – https://www.euromeatnews.com

2. – https://www.mla.com.au

3. – https://www.aph.gov.au

4. – https://www.tridge.com

5. – https://www.globalmeatnews.com

FAQs

What is the current annual value of Australian beef exports?

As of 2020-2021, the annual value of Australian beef exports is around AUD 10.6 billion.

Which countries are the top importers of Australian beef?

The top importers of Australian beef are China, Japan, the United States, South Korea, and Indonesia.

What percentage of Australian beef production is exported?

Approximately 70% of the Australian beef production is exported to various countries worldwide.

How does Australian beef rank in global beef exports market?

Australia is the world's third-largest beef exporter, after Brazil and the United States.

What are the primary factors that influence the Australian beef export market?

The primary factors that influence the Australian beef export market include cattle herd size, climate conditions, global economic situation, fluctuations in currency exchange rates, and changes in import regulations or trade agreements.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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