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Opportunities growing for meat exports to China 06 Nov 2009
China's beef cattle herd and sheep flock are falling, and China's consumer demand is rising due to increasing incomes and changing diets.
According to Australian industry analysts, these factors are being predicted to lead to an increasing gap which imports can fill, however, Australia may not be able to compete so easily against other export nations.
In the short-term, the rising Australian dollar against the US dollar will challenge the growth potential for Australian beef and lamb and in the longer term, domestic beef production.
The high prices for lamb due to a squeeze on supply around the world could put lamb out of the reach of many Chinese consumers.
While China produces enough beef to supply its domestic market, it imports a small quantity of beef (around 80,000 tonnes, compared with consumption of 5.5 million tonnes), although this has increased in the past 10 years.
Australia supplies around 3000 tonnes, although MLA expects this to lift to 5,500 tonnes in 2009.
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