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Australia - Meat - Market Analysis, Forecast, Size, Trends and Insights
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Australia: Meat Market Overview 2021

Meat Market Size in Australia

The Australian meat market fell remarkably to $X in 2019, reducing by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. Meat consumption peaked at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Meat Production in Australia

In value terms, meat production contracted to $X in 2019 estimated in export prices. Overall, the total production indicated notable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2017 indices. The growth pace was the most rapid in 2010 when the production volume increased by X% against the previous year. Meat production peaked at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

The average yield of meat in Australia was estimated at X kg per head in 2019, almost unchanged from the previous year. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The meat yield peaked at X kg per head in 2011; however, from 2012 to 2019, the yield remained at a lower figure.

In 2019, approx. X heads of animals slaughtered for meat production in Australia; approximately reflecting 2018 figures. Overall, the number of producing animals recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the number of producing animals increased by X% y-o-y. Over the period under review, this number hit record highs at X heads in 2015; however, from 2016 to 2019, producing animals stood at a somewhat lower figure.

Meat Exports

Exports from Australia

In 2019, shipments abroad of meat increased by X% to X tonnes, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, meat exports surged to $X in 2019. Overall, total exports indicated strong growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

China (X tonnes), the U.S. (X tonnes) and Japan (X tonnes) were the main destinations of meat exports from Australia, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in China, while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the U.S. ($X) and Japan ($X) were the largest markets for meat exported from Australia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, China saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average meat export price stood at $X per tonne in 2019, remaining constant against the previous year. Over the period under review, export price indicated a noticeable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, meat export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2018, and then shrank modestly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Meat Imports

Imports into Australia

In 2019, purchases abroad of meat increased by X% to X tonnes, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, meat imports rose slightly to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2018 to 2019, the growth imports remained at a lower figure.

Imports by Country

The U.S. (X tonnes), Denmark (X tonnes) and the Netherlands (X tonnes) were the main suppliers of meat imports to Australia, with a combined X% share of total imports. Canada and Ireland lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat suppliers to Australia were the U.S. ($X), Denmark ($X) and the Netherlands ($X), together accounting for X% of total imports. These countries were followed by Ireland and Canada, which together accounted for a further X the main suppliers, Ireland (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average meat import price stood at $X per tonne in 2019, flattening at the previous year. Overall, the import price saw a slight slump. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were Ireland ($X per tonne) and the Netherlands ($X per tonne), while the price for Canada ($X per tonne) and the U.S. ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ireland, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for meat in the world?
+
China (71M tonnes) remains the largest meat consuming country worldwide, comprising approx. 33% of total volume. Moreover, meat consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (23M tonnes), threefold. Brazil (12M tonnes) ranked third in terms of total consumption with a 5.4% share.
What are the largest producers of meat in the world?
+
China (68M tonnes) remains the largest meat producing country worldwide, comprising approx. 31% of total volume. Moreover, meat production in China exceeded the figures recorded by the second-largest producer, the U.S. (25M tonnes), threefold. Brazil (14M tonnes) ranked third in terms of total production with a 6.4% share.
What are the leading suppliers of meat to Australia?
+
In value terms, the U.S. ($223M), Denmark ($146M) and the Netherlands ($73M) constituted the largest meat suppliers to Australia, with a combined 88% share of total imports. Ireland and Canada lagged somewhat behind, together comprising a further 8.7%.
What are the leading importers of meat from Australia?
+
In value terms, the largest markets for meat exported from Australia were China ($2.7B), the U.S. ($2.3B) and Japan ($1.8B), together comprising 64% of total exports.
What is the average export price for meat in Australia?
+
In 2019, the average meat export price amounted to $5,663 per tonne, remaining constant against the previous year.
What is the average import price for meat in Australia?
+
In 2019, the average meat import price amounted to $2,697 per tonne, remaining stable against the previous year.

Product coverage:
• FCL 1108 - Meat of asses
• FCL 947 - Buffalo meat
• FCL 1127 - Meat of camels
• FCL 867 - Meat of cattle
• FCL 870 - Meat of cattle, boneless
• FCL 1017 - Goat meat
• FCL 1097 - Horse meat
• FCL 1111 - Meat of mules
• FCL 1158 - Meat of other domestic camelids
• FCL 1151 - Meat of other domestic rodents
• FCL 1035 - Pig meat
• FCL 1141 - Rabbit meat
• FCL 977 - Meat of sheep

This report provides an in-depth analysis of the meat market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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