Goats all go for ex­porters

Tasmanian Country - - THE STOCK REPORT -

GOAT­MEAT ex­ports hit a record $257 mil­lion in 2017, with the value in­creas­ing 28 per cent year on year.

Ac­cord­ing to Meat and Live­stock Aus­tralia’s lat­est global snap­shot, do­mes­tic goat prices re­main his­tor­i­cally high de­spite hav­ing fallen 30 per cent since last July.

The over-the-hooks in­di­ca­tor cur­rently sits at 483c/kg car­cass weight, down from the peak of 683c/kg last win­ter, but well above prices re­ceived be­fore 2016.

Goat­meat pro­duc­tion hit 31,000 tonnes car­cass weight last year, with slaugh­ter in­creas­ing to 2.07 mil­lion goats.

Of this, 28,000 tonnes was ex­ported, an in­crease of just 6 per cent year on year, de­spite the big jump in value.

The United States con­tin­ues to be Aus­tralia’s big­gest goat­meat mar­ket, tak­ing 66 per cent of ex­ports last year.

Nearly all of the im­ported goat­meat into the US came from Aus­tralia.

Aus­tralia is also Canada’s main goat­meat sup­plier, but New Zealand ex­ports to Canada more than dou­bled year on year in 2017, pos­ing strong com­pe­ti­tion, MLA said.

“Malaysia is Aus­tralia’s pri­mary mar­ket for live goats and the value of the trade fell sig­nif­i­cantly through­out the year, equat­ing to a mere 1 per cent of com­bined meat and live ex­port value in 2017,” MLA’s snap­shot said.

“Be­tween 2015 and 2017, the num­ber of live goats shipped has fallen 87 per cent to 12,200.”

There is no im­port tar­iff for Aus­tralian goat­meat en­ter­ing the US and Canada or other im­por­tant goat­meat mar­kets such as Trinidad and Tobago and Malaysia.

Aus­tralia’s third-big­gest goat­meat mar­ket, Tai­wan, has a tar­iff of about 15 per cent.

South Korea is the fourth big­gest mar­ket for Aus­tralian ex­ports. Its tar­iffs are cur­rently 11.2 per cent, but are to fall to 9 per cent next year, and dis­ap­pear en­tirely by 2023 un­der Aus­tralia’s free-trade agree­ment.

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