Monday, 02 August 2021 10:11

New Zealand red meat exports close to $1 billion in June

Written by  Staff Reporters
Meat Industry Association chief executive Sirma Karapeeva. Meat Industry Association chief executive Sirma Karapeeva.

The New Zealand red meat sector continues to perform strongly with overall exports reaching $937 million in June, up 16% year-on-year, according to the latest analysis from the Meat Industry Association (MIA).

Sheepmeat exports increased by 15% to $345 million compared with June 2020.

Beef exports rose 8% to $411 million and co-products rose by 40% to $181 million.

There was also an increase in the value of all categories of co-products, with the largest two categories – prepared meat products and edible offals – increasing by 88% and 30% respectively.

Sirma Karapeeva, chief executive of MIA, says China was the largest overall market in June with exports worth $377 million, an increase of 37% compared to the same period in 2020.

“We saw a very significant increase in beef exports to China during June, with a 60% increase year-on-year to $156 million.

“China’s domestic pork production continues to be affected by African Swine Fever, resulting in demand for high volumes of imported meat. New Zealand has also benefited from reduced supply from other major beef exporters such as Australia, which is re-building its herd, and Argentina, where the government has imposed restrictions on beef exports,” says Karapeeva.

She says that over the past 12 months, New Zealand has exported $9.1 billion in red meat and co-products.

She says that while this is 3% lower than 2020, it is still very high.

While global meat prices remained high in 2020/21, they were down on the 2019/20 levels, and the value of the New Zealand dollar has also increased against major currencies like the US dollar over the last year.

More like this

Red meat's China push

The red meat sector is launching a new campaign to lure Chinese consumers to New Zealand grass-fed beef and lamb.

Primary sector chuffed

Meat Industry Association chair Nathan Guy says his organisation welcomes the new trade deal with the United Arab Emirates (UAE), noting the UAE is the second largest market for the red meat sector in the Gulf Cooperation Council after Saudi Arabia.

Featured

Better animal genetic gain system

A governance group has been formed, following extensive sector consultation, to implement the recommendations from the Industry Working Group's (IWG) final report and is said to be forming a 'road map' for improving New Zealand's animal genetic gain system.

SIDE 2025's new schedule, venue

Annual farmer gathering, the South Island Dairy Event (SIDE), is set to make history as it heads to Timaru for the first time.

Taranaki piggery goes solar

Installing 400 solar panels at their Taranaki piggery and cropping operation will have significant environmental, financial and animal welfare benefits for the Stanley family.

Editorial: Keep FTAs coming

OPINION: The dairy industry will  be a major beneficiary of a new free trade deal between NZ and the Gulf Co-operation Council (GCC).

National

Food charity to hold online auction

Meat the Need, New Zealand’s dedicated charity delivering locally sourced protein meals to food-insecure communities, is launching an online National…

Machinery & Products

An ideal solution for larger farms

Designed specifically for large farms that want to drill with maximum flexibility, efficiency and power, the new Lemken Solitair ST…

Landpower increases its offering

Landpower and the Claas Harvest Centre network will launch the Claas Scorpion and Torion material handling solutions to the market…

» Latest Print Issues Online

The Hound

Leaky waka

OPINION: Was the ASB Economic Weekly throwing shade on Reserve Bank governor Adrian Orr when reporting on his speech in…

Know-it-alls

OPINION: A reader recently had a shot at the various armchair critics that she judged to be more than a…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter