While 2020 may seem lightyears away, it is actually only six years from now. In this time, it is predicted that 80 per cent of Australia’s exports will go to Asia.
These supplies will feed and cater to the demands of an ever-growing middle class who demand high quality goods, such as organic meat.
Already, Asia accounts for around 73 per cent of all exports. This has grown as it was only responsible for half of the exports sent overseas in 2000, according to an article published in the Australian on July 22.
Most of these exports go to China, Japan and Korea.
Asia’s middle class is growing and China in particular is becoming richer, according to an AAP article published on July 22 on Yahoo Finance.
HSBC Australia chief economist Paul Bloxham spoke to the AAP reporter about rising interest in dairy, meat, and other edibles.
“As counties get richer they demand more of these finer foods so that should offer Australia with opportunities,” he said.
Organic beef and lamb exporters may benefit from this as these items can now fetch a much higher price on the market, thanks to their reputation for quality and taste.
In fact, Gavekal Drangonmics China consumer analyst Ernan Cui says organic food items can now reach a price ten times that of non-organic food.
There is much concern about food safety in these areas, thanks to recent scandals such as the melamine milk powder issue of 2008.
Australia has a global reputation for safety and this is of note where meat is concerned thanks to our high standards and vigilance.
This makes it the ideal time to consider exporting organic lamb and beef overseas. Arcadian Meat Co is the leading supplier of premium grass fed and organic meat, with a real emphasis on family farming.