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Exports displace domestic demand for lamb
7 Sep 2006
Export markets are increasingly important for lamb producers, as offshore demand grows and domestic consumers turn to other meats in light of the escalating price of lamb. In 1988, Australia exported just 16 per cent of lamb production. By 2005, not only had production increased by 29 per cent to 375,000 tonnes, but the proportion exported had also increased to 45 per cent. Over the same period, domestic consumption of lamb fell by 17 per cent as consumers responded to the rising real price of lamb by increasing consumption of other meats, particularly pork and poultry.
Australian Bureau of Agricultural and Resource Economics, 07/09/06
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