Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Export Statistics For the 1st Quarter of the 2013-14 Season

23 JANUARY, 2013
FOR IMMEDIATE RELEASE

Export Statistics For the First Quarter of the 2013-14 Season

Beef + Lamb New Zealand (B+LNZ) compiles lamb, mutton and beef export statistics for the country. The following is a summary of the combined export statistics for October, November and December 2013 – the first three months of the 2013-14 meat export season.

B+LNZ  has developed an interactive meat exports tool for further analysis. The tool allows you to generate and download customised data and graphs of export lamb and beef statistics, by market, value, and volume. Access it at portal.beeflambnz.com/tools/export-tool

Summary

There was little change in the volume and value of beef and veal exports over the first quarter of the 2013-14 meat export season, compared to the equivalent period last season. However mutton exports rose significantly – up 16.3 per cent in volume and 22 per cent in total value. Export lamb volumes dropped, but the return per tonne increased 8.9 per cent – on account of the supply/demand equation.


Click for big version.

Sheep meat exports

Lamb exports

Total exports of lamb decreased by 5.3 per cent over the quarter, to 61,000 tonnes shipped weight. This reflected a decrease in bone-in cuts, partly offset by an increase in frozen carcasses exported to China.

The decrease in volume was offset by an 8.9 per cent increase in average value, resulting in the total value of lamb exports rising by 3.2 per cent. The receipts for lamb exports averaged $8,400 FOB per tonne over the quarter.

Mutton exports

Compared to the same period a year ago, the total volume and value of mutton exports rose by 16 and 22 per cent, respectively. The average return increased by 4.9 per cent, to $5,200 FOB per tonne.

China remains the largest market for mutton and continues to grow rapidly. New Zealand’s mutton exports to China doubled in the first three months of the 2013-14 season, compared to last season’s first quarter.

Beef and Veal exports

In the first quarter of the 2013-14 meat export season, total exports of beef and veal were almost unchanged (down 0.5 per cent) to 68,000 tonnes shipped weight. This reflected a notable decline in exports to North America – down 13 per cent – although partly offset by rises in exports to Indonesia, Saudi Arabia, Taiwan and China.

The drop in exports to North America reflected a decrease in exports of manufacturing beef and veal, related to low bull and cow slaughter figures for the period. This drop in manufacturing beef and veal was not fully compensated by the exports to Indonesia, Saudi Arabia, Taiwan and China. Meanwhile, exports of boneless beef (either chilled or frozen) increased.

Volumes exported to Indonesia quadrupled in the first quarter of the 2013-14 season, compared to the same period a year ago, due to a change in import regulations. (The quota system has been replaced by a price reference system.) Exports to Indonesia are now back to levels seen in late 2011.

The total value of beef and veal exports increased 0.5 percent in the first quarter of the 2013-14 season, compared to the same time last year. Overall, receipts for beef and veal exports averaged $5,900 FOB per tonne – up 1.0 percent.

The average return received from China for beef and veal was larger than that from the US, at $5,500 and $5,200 FOB per tonne, respectively.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half Empty: Fonterra's 2017 Opening Forecast Below Expectations

Fonterra Cooperative Group raised its forecast farmgate milk payout for next season by less than expected as the world's largest dairy exporter predicts lower prices will crimp production and supply will pick up. The New Zealand dollar fell. More>>

ALSO:

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news