Friday, 03 September 2021 13:55

Red meat and co-products exports reach $870 million

Written by  Staff Reporters
New Zealand exported red meat and co-products reached $870 million in July. New Zealand exported red meat and co-products reached $870 million in July.

New Zealand exported red meat and co-products worth $870 million during July 2021 – marking a 29% increase year-on-year, according to analysis from the Meat Industry Association (MIA).

More than 25,300 tonnes of sheepmeat and almost 50,000 tonnes of beef were exported with increases in the value of exports to all major North American and Asian markets.

This included a 1,425% increase in beef exports to Thailand compared to July 2020. Thailand was New Zealand’s tenth largest market for beef by volume during the month, at 347 tonnes.

MIA chief executive Sirma Karapeeva says the main reason for the growth in exports to Thailand was the removal of beef safeguards that were put in place when the NZ-Thailand Closer Economic Partnership (CEP) was negotiated 15 years ago.

“That came off at the end of last year and beef exports are now tariff-free. So, instead of a rush of beef exports to Thailand at the start of each year to try and take advantage of the small tariff-free safeguard volume, we are now seeing companies put regular export programmes in place. Beef exports to Thailand have been growing steadily throughout the year,” Karapeeva says.

“High quality Free Trade Agreements (FTAs) are critical to market diversification. This really demonstrates the importance of FTAs to facilitate open markets that help companies to invest in markets and develop strong commercial relationships.”

China remained the largest market, with total exports worth $330.2m, a 57 per cent increase on the same period last year.

The US was the second highest with $241.2m, a 32 per cent increase, followed by Japan, up 62 per cent at $42.6m, and Taiwan with $26.8m, representing an 18 per cent increase.

July also saw a continuing trend in recent months of strong sheep meat exports into the United States, which increased 109 per cent year-on-year to $42m, and beef exports into China, up 95 per cent to $156m. Beef exports to most major beef markets also increased.

While exports to main European destinations were down compared to July 2020, this was more than compensated for by the increased demand from other markets. The UK dropped 25 per cent to $19m, Germany by 28 per cent to $17m and the Netherlands by 11 per cent to $17m.

More like this

Govt killing meat sector?

The Meat Industry Association (MIA) has launched a stinging attack on the Government for failing to allow the industry to bring in sufficient overseas halal slaughterman.

Dairy, beef, and lamb exports rise

The monthly value of goods exports in October 2021 rose $552 million (12%) from October 2020, to $5.3 billion, according to Statistics NZ.

Halal certified red meat exports jump

Halal-certified red meat exports increased 13% during the 2020-21 season with most products going to non-Muslim markets, according to an analysis by the Meat Industry Association (MIA).

Mandate meat jabs!

Meat companies support Government plans for a clear and simplified risk assessment process to make Covid-19 vaccinations mandatory at their plants.

National

Hort heads for new heights

Pretty impressive - that's how Agriculture Minister Damien O'Connor describes MPI's latest prediction that horticulture exports will hit the record…

Machinery & Products

New look for MF brand

Massey Ferguson has a new look for its iconic triple triangle logo, as well a completely new 'Born to Farm'…

Solution to rowdy livestock

After walking away with a Fieldays Innovation Award back in June 2021, Springarm Products has now signed a sole marketing…

Look ma - no hands!

Although this month's Consumer Electronics Show (CES) in Las Vegas is usually associated with the "geek brigade", global manufacturer John…

Telehandler range gets a lift

Kramer has introduced a further two models to its telehandler range – the mini KT144 and the medium-sized KT3610.

» The RNG Weather Report

» Latest Print Issues Online

The Hound

Woof, woof!

OPINION: This old mutt has been pointing out forever just what a dog with fleas - as both a business…

DJ friends?

OPINION: Your canine crusader wants to know just what drugs the politicians and bureaucrats are on in Wellington.

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter