India is well ahead with over 97,000 tonnes of frozen buffalo shipped in the month of April. Mostly boneless in cartons. Range of specifications.
Brazil is next with over 70,000 tonnes in April 2017, down 16,000 tonnes on the same month in 2016.
Australia is ranked third in tonnage in April 2017, with just under 67,000 tonnes in the month of April 2017, a sharp correction in volume exported of almost 18,000 tonnes due to reduced cattle supplies and record prices in Australia.
What is most interesting is the unit values per kg in USD. Total Indian buffalo unit value in April was US$2.86 per kg. This compares with Brazilian fresh frozen beef export unit value of US$4.16 per kg in April 2017. There is a notable rise in unit value in Brazil for fresh frozen beef of 11% compared with April 2016. Australian unit value for total beef exports are estimated from ABS trade figures and April 2017 beef and veal shipped weight and comes to US$6.01 per kg. All these figures are comparable as they generally refer to FAS or FOB ports of export. The total value of beef/bovine exports is also of interest, with India running at US$278 million in April, Brazil $403 million and Australia almost level with Brazil on lower volume at US$402 million.
We have also estimated some key market unit values for Australia based on import market statistics in the key markets of Japan, USA and Korea. Japan leads in unit value per kg at US$6.99 per kg.
Brazilian figures by key markets are not available for April 2017, however Jan-Apr 2017 is available in this link.
We have a preliminary estimate of USA fresh, chilled and frozen beef exports to all destinations in April 2017 of US$468 million. Our estimate of total fresh, chilled and frozen beef export volume for April 2017 is 70,000 tonnes. Unit value per kg is calculated as US$6.78 per kg.
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