In the first three quarters, 200,000 tons of beef from Australia were imported into China

Australian beef and mutton have always held an important position in the global livestock industry map.

Now, an astonishing set of data has once again brought Australian beef and mutton into the spotlight: in the first three quarters, 200,000 tons of beef from Australia were imported into China, and half of the mutton meat was consumed by our country!

This phenomenon has sparked widespread attention and discussion. Why does Australian meat dominate the tongue? What secrets are hidden behind this?

Analysis of Australian Beef and Lamb Export Data in the First Three Quarters

From July to September 2024 (Q3), the total export volume of Australian beef and mutton overseas reached 529,000 tons, a year-on-year increase of 19.2% and a month on month increase of 7.1%, showing a strong growth momentum.

In depth exploration reveals that the total export volume of beef overseas is about 366,000 tons, a year-on-year increase of 22.6% and a month on month increase of 12.4%. This growth rate undoubtedly demonstrates the expansion trend of Australian beef in the international market;

The total export volume of sheep meat overseas is about 150,000 tons, a year-on-year increase of 10.3%. Although it has decreased by 3.2% compared to the previous period, it still maintains a high export level;

The total overseas export volume of goat meat is about 13,000 tons, a year-on-year increase of 41.3% and a month on month decrease of 2.1%. Its growth rate is particularly significant, indicating the potential of the goat meat market.

As of October 6th, the export volume of Australian beef to China reached 202,240 tons, triggering the quota of the China Australia Free Trade Agreement. This data fully demonstrates the important position of the Chinese market in Australian beef exports.

In the overseas export market of Australian beef, the Chinese Mainland market ranks third. The export volume of Australian beef in the Chinese Mainland market accounts for about 13% of the total export volume in the international market.

Focusing on the third quarter of this year, the total export volume of Australian beef products in the Chinese Mainland market was about 48,000 tons, down 10.2% year on year and up 9.4% month on month.

Among them, there are about 10,000 tons of chilled beef, a year-on-year increase of 18.9% and a month on month increase of 16.7%. The growth of the chilled beef market indicates that Chinese consumers' demand for fresh beef is on the rise;

Frozen beef weighs about 38000 tons, a year-on-year decrease of 15.6% and a month on month increase of 7.7%. Although there has been a slight decrease compared to the previous year, the month on month growth still demonstrates the resilience of its market;

Approximately 25,000 tons of grain fed beef were produced, a year-on-year increase of 9% and a month on month increase of 18.7%. Due to its unique feeding method, grain fed beef has been favored by the market for its excellent quality;

Grass fed beef weighs about 22,000 tons, a year-on-year decrease of 24.9% and a month on month increase of 0.7%. The changes in the grass fed beef market may reflect subtle changes in consumer tastes or the impact of market competition.

In the field of Australian sheep meat export, the market of Chinese Mainland takes the lead and its export volume ranks first.

The export volume of Australian sheep meat in the Chinese Mainland market accounts for 21.4% of the total export volume in the international market, which highlights the key supporting role of the Chinese market for Australian mutton export.

In the third quarter of this year, the export volume of Australian mutton in the Chinese Mainland market was about 32,000 tons, down 21.4% year on year and up 14.1% month on month. Among them, there were about 12,000 tons of mutton, a year-on-year decrease of 38.8% and a month on month decrease of 17.6%,

The decline in lamb export volume may be related to changes in market preferences for mutton of different age groups; Approximately 20,000 tons of adult mutton were produced, a year-on-year decrease of 4.7% and a month on month increase of 49.7%. The significant month on month growth of adult mutton demonstrates its activity in the current market.

The export volume of Australian goat meat ranks third in the Chinese Mainland market, and its export volume in the Chinese Mainland market accounts for about 8.3% of the total export volume in the international market.