December 14, 2007
December 14, 2007 - New Zealand (NZ) lamb exports during November declined 7 percent year-on-year, with demand from the United Kingdom (UK) remaining sluggish and domestic production constrained by poor pasture and stock condition. Exports for the month indicated the lowest November monthly level since 2001.
However, despite the decline in shipments during November, NZ lamb exports for the first 11 months of 2007 are 8 percent above the previous year. The majority of the increase in shipments for 2007 has been due to the Middle East, with exports up 62 percent year-on-year. Exports for 2007 have also increased to the European Union (up 1 percent), including the UK (up 3 percent) and France (up 4 percent), along with Mexico (up 12 percent) and Canada (up 15 percent).
NZ lamb exports to the United States fell 20 percent during November with the record volume of Australian lamb shipped to the United States during October and November likely to have impacted demand for NZ product.
Reprinted in part from Meat and Livestock Australia
<< Back