Japanese Wagyu export destinations expand

by Editor fleischwirtschaft.com
Wednesday, August 06, 2014
Photo: Jetro

– Japan exported 92.2 tonnes swt of beef (predominantly high value Wagyu) in June, up 24% year-on-year, with product sent to 17 markets which included new destinations like Holland, the UK, Belgium and the Philippines.

While the total volume remains extremely small, its average value – increasing 5% from June 2013, to 6,513 yen/kg (A$68.13) – and the government’s geared up efforts to expand the trade, make Japan’s position rather unique in global beef trade.

Shipments for the first six months of this year totalled 531.2 t swt, 22% higher than the corresponding period in 2013. Besides established markets such as Hong Kong, Singapore and the US, and new destinations above, product have also been sent to Tajikistan, Bangladesh, and Mongolia.