Australia Breaks Records in Red Meat Exports for 2024
Australia set a new record in 2024 by exporting 2.24 million tonnes of red meat across beef, lamb, mutton, and goatmeat, driven by strong global demand and favorable market conditions.
The Australian red meat industry had a historic year in 2024, setting new export records across all categories—beef, lamb, mutton, and goatmeat. With a total of 2.24 million tonnes shipped to 104 countries, Australia solidified its position as a leading global supplier of high-quality red meat.
Surging Demand and Favorable Conditions
A combination of increased domestic supply and strong international demand propelled exports to unprecedented levels. According to Meat & Livestock Australia’s global supply analyst, Tim Jackson, the growth was largely driven by a mature cattle herd and sheep flock, leading to higher slaughter rates. Additionally, global supply dynamics worked in Australia’s favor, with the United States experiencing its lowest cattle herd numbers in 72 years due to prolonged drought conditions.
Despite economic uncertainties worldwide, the trust in Australia’s red meat quality and its extensive free trade agreements (FTAs) helped maintain strong demand. A remarkable 87% of all red meat exports were directed to countries with FTAs, with beef exports leading the way at 95%.
Breaking Down the Numbers: Record-High Exports Across All Categories
Beef
Total exports reached 1.34 million tonnes, marking a 22% increase from 2023 and surpassing the previous record of 1.29 million tonnes set in 2014.
The United States saw a massive 60% surge, receiving 394,716 tonnes.
Southeast Asia also recorded significant growth, with a 33% rise to 177,684 tonnes.
Australian grainfed beef exports hit an all-time high of 375,195 tonnes, reflecting increased feedlot capacity and production efficiency.
Lamb
Lamb exports climbed to 359,229 tonnes, 10% above the previous record in 2023.
The United States led as the top importer, purchasing 85,133 tonnes.
China followed with 53,478 tonnes, while the UAE secured the third spot with 27,268 tonnes.
Notably, exports to the United Kingdom grew 44% in the first full year of the Australia-UK FTA, reaching 13,668 tonnes.
Mutton
Exports of mutton hit 255,098 tonnes, marking a 22% increase from 2023’s record.
China remained the dominant market with 95,622 tonnes imported.
Malaysia took in 26,953 tonnes, while the United States received 19,077 tonnes.
Overall sheepmeat exports (lamb and mutton combined) surged 15% from 2023, making Australia the largest sheepmeat exporter in history with 614,396 tonnes shipped.
Goatmeat
Goatmeat exports reached an all-time high of 51,489 tonnes, 44% above the previous record from 2014.
The United States was the biggest market, taking 27,599 tonnes.
South Korea followed with 8,639 tonnes, and China imported 5,161 tonnes.
A Global Leader in Red Meat Exports
These record-breaking figures underscore Australia’s strength as a red meat powerhouse. The country’s consistent quality, strong trade relationships, and favorable market conditions have positioned it for continued growth in the global meat trade.
Looking ahead, industry stakeholders remain optimistic about maintaining momentum despite economic pressures.
Source: https://www.beefcentral.com/news/all-red-meat-exports-not-just-beef-set-volume-records-for-2024/