Global Sheep Meat Market Changes: New Zealand and Australia on the Brink of Change

On the other hand, New Zealand , the second largest exporter of sheep MEAT, also faced changes. The country’s total sheep and lamb slaughter increased by 8%, mainly due to lamb slaughter, which increased by 14%. However, sheep slaughter decreased by 19%, which may lead to a decrease in the number of breeding ewes and, therefore, to a decrease in future lamb production.

New Zealand faced challenges due to the increase in slaughter and dry conditions, which contributed to the reduction of the sheep flock. Processors began to feel the shortage of supply, and the prices of slaughter lambs began to increase. With the decrease in flocks and changing climate conditions, it is possible that New Zealand’s sheep meat EXPORT volumes will begin to decline in the coming months.

Experts suggest that these changes may affect the global sheep meat market , causing instability in prices and supply. The situation requires attention from producers and consumers, who may face new challenges and possible changes in the supply of sheep meat.