Australia and Oceania: Fresh Beef Cut Market 2020

Fresh Beef Cut Market Size in Australia and Oceania

The revenue of the fresh beef cut market in Australia and Oceania amounted to $X in 2017, growing by X% against the previous year. The fresh beef cut consumption continues to indicate a strong increase. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. Over the period under review, the fresh beef cut market reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Fresh Beef Cut Production in Australia and Oceania

In 2017, approx. X tons of fresh or chilled cuts of beef and veal were produced in Australia and Oceania; leveling off at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2008, with an increase of X% year-to-year. Over the period under review, the fresh beef cut production reached its maximum volume in 2017, and is expected to retain its growth in the near future.

Fresh Beef Cut Exports in Australia and Oceania

In 2017, approx. X tons of fresh or chilled cuts of beef and veal were exported in Australia and Oceania; stabilizing at the previous year. The fresh beef cut exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when exports increased by X% y-o-y. In that year, the fresh beef cut exports reached their peak volume of X tons. From 2010 to 2017, growth of the fresh beef cut exports failed to regain its momentum.

In value terms, fresh beef cut exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the fresh beef cut exports reached its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Fresh Beef Cut Exports by Country in Australia and Oceania

Australia dominates fresh beef cut exports structure, recording X tons, which was near X% of total exports in 2017. It was distantly followed by New Zealand (X tons), making up X% share of total exports.

Australia experienced a relatively flat trend pattern of fresh or chilled cuts of beef and veal exports. New Zealand experienced a relatively flat trend pattern. Australia (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest fresh beef cut supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Australia stood at +X%.

Fresh Beef Cut Export Prices by Country in Australia and Oceania

The fresh beef cut export price in Australia and Oceania stood at $X per ton in 2017, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, an increase of X% against the previous year. Over the period under review, the export prices for fresh or chilled cuts of beef and veal reached its peak figure level in 2017, and is likely to see steady growth in the near future.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in New Zealand ($X per ton) and Australia ($X per ton), while Australia ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year).

Fresh Beef Cut Imports in Australia and Oceania

In 2017, approx. X tons of fresh or chilled cuts of beef and veal were imported in Australia and Oceania; remaining constant against the previous year. The fresh beef cut imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. In that year, the fresh beef cut imports reached their peak volume of X tons. From 2014 to 2017, growth of the fresh beef cut imports stood at a somewhat lower level.

In value terms, fresh beef cut imports totaled $X in 2017. The total imports indicated a tangible growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut imports decreased by -X% against 2013 indices. Over the period under review, the fresh beef cut imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Fresh Beef Cut Imports by Country in Australia and Oceania

New Zealand (X tons) and French Polynesia (X tons) were the largest importers of fresh or chilled cuts of beef and veal in 2017, resulting at near X% and X% of total imports, respectively. New Caledonia (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Australia (X%) and Samoa (X%). Papua New Guinea (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Samoa (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest fresh beef cut markets worldwide were French Polynesia ($X), New Zealand ($X) and New Caledonia ($X), with a combined X% share of total imports.

New Caledonia (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Fresh Beef Cut Import Prices by Country in Australia and Oceania

The fresh beef cut import price in Australia and Oceania stood at $X per ton in 2017, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% y-o-y. Over the period under review, the import prices for fresh or chilled cuts of beef and veal reached its peak figure level in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was New Caledonia ($X per kg), while Samoa ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by New Caledonia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform