Weak China demand drags down NZ red meat exports

MIA chief executive Sirma Karapeeva. (Image: Meat Industry Association)
New numbers from the Meat Industry Association show that red meat exports to China have slumped on weaker consumer demand compared to a year earlier.New Zealand exported $615 million worth of red meat products during the month of October, which is a 14% decrease from October 2022.General sheepmeat export volumes grew by 17% in October to 26,170 tonnes, but the value decreased by 6% to $264m. For beef, a total of 26,348 tonnes was exported during October 2023, which was largely in line with a year earlier – however, the value sli...
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