Subscribe to The Weekly e-newsletter

For in-depth red meat market news, information and analysis.

SIGN UP
Back to Prices & Markets

Industry Fast Facts released

14 November 2019

Key points:

  • 2019 beef and sheepmeat industry fast facts released
  • Domestic expenditure on beef was approximately $8.76 billion in 2018-19 (ABS, MLA estimate)
  • Domestic expenditure on lamb was approximately $2.6 billion and mutton $51 million on in 2018-19 (MLA estimate).

MLA’s Market Information team have released their annual beef and sheepmeat industry Fast Facts, providing a concise snapshot of key statistics – including herd and flock size, production, value, consumption, exports and Australia’s position relative to other countries.

Highlights from the Beef Fast Facts include:

  • In 2018-19, Australia produced approximately 2.35 million tonnes carcase weight (cwt) of beef and veal (ABS).
  • In 2018-19, 3.14 million grainfed cattle were turned off, representing approximately 38% of all cattle slaughtered.
  • In 2018-19, Australia exported 72% of its total beef and veal production to over 70 countries (DA, ABS). These exports generated $9.5 billion (IHS Markit).

Highlights from the Sheepmeat Fast Facts include:

  • In 2018-19, Australia produced almost 501,000 tonnes cwt of lamb and 230,000 tonnes cwt of mutton (ABS).
  • In 2018-19, Australia exported 66% of total Australian lamb production and 96% of total mutton production (DA, ABS).
  • Australia is the largest exporter of sheepmeat in the world (DA, IHS Markit, Comtrade)

View the complete Fast Facts.

© Meat & Livestock Australia Limited, 2019