Live Export of Cattle Industry in Australia Report
Added on 2022-11-14
12 Pages2598 Words495 Views
Running Head: Cattle Industry in Australia
Live Export of Cattle Industry in
Australia
Report
System04104
7/18/2019
Live Export of Cattle Industry in
Australia
Report
System04104
7/18/2019
Cattle Industry in Australia
1
Table of Contents
1. Introduction.........................................................................................................................2
2. Market intelligence about the Cattle Industry.....................................................................2
3. Current Business performance and opportunities in international market.........................4
3.1 Trends and developments that affect the industry............................................................6
3.1.1 Cultural Factors..........................................................................................................6
3.1.2 Socio-Economic Factors............................................................................................6
3.1.3 Ecological/Environmental Trends.............................................................................6
3.1.4 Economic Trends.......................................................................................................7
3.1.5 Technological impact.................................................................................................7
3.2 Future opportunity and threats for this industry in international market..........................7
4. Forecast about international market and business needs....................................................8
5. Recommendations...............................................................................................................9
6. Conclusion..........................................................................................................................9
References................................................................................................................................10
1
Table of Contents
1. Introduction.........................................................................................................................2
2. Market intelligence about the Cattle Industry.....................................................................2
3. Current Business performance and opportunities in international market.........................4
3.1 Trends and developments that affect the industry............................................................6
3.1.1 Cultural Factors..........................................................................................................6
3.1.2 Socio-Economic Factors............................................................................................6
3.1.3 Ecological/Environmental Trends.............................................................................6
3.1.4 Economic Trends.......................................................................................................7
3.1.5 Technological impact.................................................................................................7
3.2 Future opportunity and threats for this industry in international market..........................7
4. Forecast about international market and business needs....................................................8
5. Recommendations...............................................................................................................9
6. Conclusion..........................................................................................................................9
References................................................................................................................................10
Cattle Industry in Australia
2
1. Introduction
In last 35 years, the Australian live export of cattle trade has played a significant role in
Australian cattle market. The most important thing is that it is continuously contributing in
Australian economy and providing huge employment opportunities to local Australian people
(LiveCorp, 2018). This report helps to understand the current business performance of this
business industry and analyse that what are the market opportunities available for this type of
Australian cattle business in international market. Further, this report analyses the
international market and business needs for the live export of cattle in international market.
2. Market intelligence about the Cattle Industry
The live cattle export majorly contributes in the economy of Northern Territory and North
of Western Australia (Howden, Nelson & Zammit, 2018). These regions are also suitable for
cattle industry production and provide perfect environment for fatten cattle and breed cattle.
However, according to an analysis, it has been found that 40-575 revenue generated by
farmers is retained by them. According to the stats related to live cattle export in Australia,
more than 1,095,325 heads of live cattle are exported every year to various countries
(LiveCorp, 2018). The export value of the traded cattle is $1.2 billion while $620 million
revenue retained by the farmers in the country. There are 23 destinations countries where
these live cattle are exported including Indonesia (53%), Vietnam (16%), China (8%) are the
major importer of these cattle (LiveCorp, 2018).
2
1. Introduction
In last 35 years, the Australian live export of cattle trade has played a significant role in
Australian cattle market. The most important thing is that it is continuously contributing in
Australian economy and providing huge employment opportunities to local Australian people
(LiveCorp, 2018). This report helps to understand the current business performance of this
business industry and analyse that what are the market opportunities available for this type of
Australian cattle business in international market. Further, this report analyses the
international market and business needs for the live export of cattle in international market.
2. Market intelligence about the Cattle Industry
The live cattle export majorly contributes in the economy of Northern Territory and North
of Western Australia (Howden, Nelson & Zammit, 2018). These regions are also suitable for
cattle industry production and provide perfect environment for fatten cattle and breed cattle.
However, according to an analysis, it has been found that 40-575 revenue generated by
farmers is retained by them. According to the stats related to live cattle export in Australia,
more than 1,095,325 heads of live cattle are exported every year to various countries
(LiveCorp, 2018). The export value of the traded cattle is $1.2 billion while $620 million
revenue retained by the farmers in the country. There are 23 destinations countries where
these live cattle are exported including Indonesia (53%), Vietnam (16%), China (8%) are the
major importer of these cattle (LiveCorp, 2018).
Cattle Industry in Australia
3
(Source: LiveCorp, 2018)
(Source: LiveCorp, 2018)
3
(Source: LiveCorp, 2018)
(Source: LiveCorp, 2018)
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