Australian lamb exports to Japan during September eased 23% from 2011 to 471 tonnes swt, after five months of consecutive year-on-year growth.
This was in line with lamb exports to most of Australia’s markets during September.
Despite the lower monthly volumes, total shipments during January to September 2012 remained 7% higher than the corresponding period last year, at 6,085 tonnes swt.
Cheaper livestock prices from Australia, combined with the very hot and long summer in Japan, and subsequent increase in lamb barbecue (Genghis Khan) demand had contributed to the robust outcome up to August.
Historically, interest from end users would soften during the market’s autumn/winter season (October to February/March).
On the other hand, the Japanese trade continues to monitor supply and price trends from Australia closely, especially on the back of limited volumes from New Zealand this year.
Sheepmeat imports from New Zealand into Japan during January to August 2012 were down 11% year-on-year to 4,227 tonnes swt, while imports from Australia lifted 22% to 7,996 tonnes swt.
Source: Argentine Beef Packers S.A.
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