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23 January 2024
Western Australian
agrifood export eNews
The Food Industry Innovation team from the Department of Primary Industries and Regional Development is hosting a Food and Beverage Sector Update on 13 February 2024, from 9 am to 1 pm.
This session aims to provide valuable insights into the latest services and programs offered, with a focus on supporting business growth. Learn about grant opportunities, be updated on sustainable packaging trends, food waste upcycling and automating work processes.
Join us for an interactive event at your nearest Community Resource Centre (CRC) or Chamber of Commerce and Industry (CCI). The event will be held at the Gingin CRC and broadcast to CRCs in Dumbleyung, Dandaragan, and Ravensthorpe, as well as CCIs in Carnarvon, Esperance and Kalgoorlie-Boulder allowing anyone to join from their nearest venue. Please forward to other food and beverage manufacturers you think may benefit.
The morning will conclude with a complimentary networking lunch, offering a fantastic opportunity to connect with industry peers. Register now for this free event. Don't miss this opportunity to elevate your business strategies. Connect, learn, and grow with us.
Source and Image: DPIRD
We all know Western Australia is the nation’s leading grain-producing region. However, did you know the state is also a significant producer of meat and livestock, dairy, wool, horticulture, and fisheries products?
WA’s agrifood sector is a crucial source of employment and continues to be the lifeblood of many rural and regional communities, providing over 180,000 jobs in 2021–22 across the broad sector. WA’s primary industries sector is also a major export industry with around 60% of our agriculture, fisheries, forestry and food production exported to over 150 international markets.
Dive into the value of primary production, emerging trends, and the importance of exports in Western Australia’s Primary Industries: 2021-22 Economic Overview, produced by the Department of Primary Industries and Regional Development in partnership with the Forest Products Commission. More...
Source and Image: DPIRD
Late last year, the Australian Government announced it had negotiated better access for Australian wine exports to Thailand.
Australian wine exporters can now use the Asia-Pacific Economic Cooperation (APEC) Model Wine Certificate to certify their exports into Thailand. This simplified certification process reduces cost and administrative burden for exporters.
The Thai economy is the second largest in the Association of Southeast Asian Nations (ASEAN) and one of its fastest growing. In 2022–23, Thailand was Australia’s 7th most valuable export market for wine (or 8th largest, if the EU is counted as one), and 9th largest for agriculture, fisheries and forestry products overall.
Australian exporters can now export wine to Thailand with streamlined testing and analysis requirements, opening up opportunities to expand wine exports into this growing market. Expansion and diversification of international exports is important to offset a greater supply of domestic wine. International trade has become increasingly important for both the Australian and global wine industries. In 2022, 42% of global wine production was traded internationally compared to 22% in 2000. More...
Source: DAFF | Photo: Rikkia Hughes / Unsplash
Trade logistics are set to become increasingly challenging for Australia’s agricultural sector with the escalating tensions in the Red Sea disrupting global trade, according to agribusiness banking specialist Rabobank. However, there are also potential upsides for the nation’s wheat and barley exports, the bank said.
RaboResearch general manager Stefan Vogel said as ocean shipping companies divert more vessels away from the Suez Canal to avoid attacks by Houthi militants and the escalating military action against them in the Red Sea, Australian canola exports may be particularly impacted as the bulk of these are destined for the European Union and normally shipped through the canal.
Australia may also have to deal with some increased costs for imported goods – such as certain fertilisers, agricultural chemicals and machinery parts – as importers face higher freight costs, as a result of diverting around the canal and impacted areas. However, the elevated freight costs are not expected to reach the COVID-related highs seen in 2021, Mr Vogel said.
The World Trade Organisation has reported that wheat maritime shipments via the Suez Canal plunged in the first half of January, estimated at 0.5 million tonnes, almost 40% lower year-on-year. More...
Source: Rabobank / WTO | Photo: DPIRD
The benchmark for world food commodity prices declined in December compared to the previous month, with the sharpest drop in international sugar quotations, the Food and Agriculture Organisation of the United Nations (FAO) has reported this month.
The FAO Meat Price Index averaged 110.4 points in December, down 1.1 points (1.0%) from November, standing 2.0 points (1.8%) below its corresponding value one year ago. Bovine and poultry meat prices fell, reflecting less active buying interest in Asia, coupled with ample exportable supplies in large producing regions.
However, the FAO Dairy Price Index averaged 116.1 points in December, up 1.9 points (1.6%) from November, marking the third consecutive monthly increase and standing 22.2 points (16.1%) below its corresponding value one year ago. The December increase in the index was led by higher price quotations for butter, whole milk powder and cheese. More...
Source: FAO | Photo: DPIRD
Further information
Agribusiness, commercial fishing and aquaculture news from the Department of Primary Industries and Regional Development (DPIRD). If you have any questions or information to share, please email export@dpird.wa.gov.au.
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Important disclaimer
The Chief Executive Officer of the Department of Primary Industries and Regional Development and the State of Western Australia accept no liability whatsoever by reason of negligence or otherwise arising from the use or release of this information or any part of it.
Copyright © State of Western Australia (Department of Primary Industries and Regional Development), 2023.
