21 December 2018
Higher incomes in China are providing more families there with greater opportunities to purchase meat which was normally too expensive for them. With a newly acquired taste for lamb, China is changing the dynamics of the global sheep meat market and is now the largest producer, consumer and importer of sheep in the world.
Global lamb and sheep meat exports are dominated by Australia and New Zealand which are the second and third largest producers worldwide. While Australia has experienced rapid growth in lamb exports in recent years New Zealand has been somewhat thwarted for long term growth due to high competition from its dairying and forestry sectors.
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