April 2017 Overview Table 1.1 Overview trends for Domestic, Export and Import trade Domestic Exports Imports Month Slaughter Pigmeat (Tonnes) Volume Tonnes SW Value $AUD (Million) Volume Tonnes SW Value $AUD (Million) Apr-17 5,104 390,570 37,220 134.1 171,262 660.6 Apr-16 4,965 374,332 33,064 126.6 166,510 631.9 2.8% 4.3% 12.6% 5.9% 2.9% 4.6% Apr-17 387 29,999 3,034 10.4 14,058 55.9 Apr-16 422 32,300 2,787 10.5 14,666 53.8-8.3% -7.1% 8.9% -0.6% -4.1% 4.0% Source: ABS SW = Shipped Weight = Moving Annual Total Graph 1.1: Australian Pig Slaughtering Trends 2013-2017 30/06/2017 Commercial In Confidence 1
Production Table 2.1: Australian slaughter and production trends April 2017 and Comparison to April 2016 Slaughtering Pig Meat Production Average Slaughter Weight Month (Tonnes) (Tonnes) kg/head 12 month Avg. kg/head Apr-17 387 5,104 29,999 390,570 77.6 76.5 Apr-16 422 4,965 32,300 374,332 76.6 75.4-8.3% 2.8% -7.1% 4.3% 1.3% 1.5% Graph 2.1: and Pig Slaughter Numbers April 2012 to April 2017 Graph 2.2: & Australian Pig Meat Production April 2012 to April 2017 30/06/2017 Commercial In Confidence 2
Table 2.2: Slaughtering by Type April 2017 and comparison to April 2016 Slaughtering Pig Meat Production Average Slaughter Weight Apr-17 (000s) (Tonnes) 12 Month Avg. kg/head Change (kg/head) Porkers 245-17.4% 13,473-15.6% 54.9 1.8% Baconers 4,698 4.9% 357,827 6.2% 76.1 1.3% Sows 110 1.2% 17,213 3.1% 156.3 1.9% Other Pigs 51-34.9% 2,057-57.2% 42.4-40.4% Graph 2.3: Australian Sow Slaughtering Trend April 2012 to April 2017 Table 2.3: Slaughtering Comparison YOY 2011 2017 Slaughterings (000's) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2011 336.8 347.8 411.1 361.3 419.2 413.9 390.8 415.3 396.2 361.9 389.8 418.7 2012 363.3 385.5 404.9 367.0 439.2 399.9 402.0 401.3 366.9 400.9 393.9 403.3 2013 378.5 370.3 391.3 398.1 447.6 391.3 438.7 406.3 385.3 389.4 376.1 404.4 2014 385.6 372.0 397.3 382.4 428.5 412.1 428.2 391.7 413.4 406.5 370.9 422.9 2015 381.1 393.2 441.2 409.1 429.6 436.2 429.6 393.8 419.8 389.4 389.7 444.7 2016 363.2 411.7 435.1 421.8 445.0 455.7 425.9 449.1 426.2 396.3 416.0 433.8 2017 402.4 395.8 471.6 386.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 % Chg 11/12 7.9% 10.8% -1.5% 1.6% 4.8% -3.4% 2.9% -3.4% -7.4% 10.8% 1.0% -3.7% % Chg 12/13 4.2% -3.9% -3.3% 8.5% 1.9% -2.2% 9.1% 1.2% 5.0% -2.9% -4.5% 0.3% % Chg 13/14 1.9% 0.5% 1.5% -3.9% -4.3% 5.3% -2.4% -3.6% 7.3% 4.4% -1.4% 4.6% % Chg 14/15-1.2% 5.7% 11.0% 7.0% 0.3% 5.9% 0.3% 0.5% 1.5% -4.2% 5.1% 5.2% % Chg 15/16-4.7% 4.7% -1.4% 3.1% 3.6% 4.5% -0.9% 14.0% 1.5% 1.8% 6.7% -2.5% % Chg 16/17 10.8% -3.9% 8.4% -8.3% -100.0% -100.0% -100.0% -100.0% -100.0% -100.0% -100.0% -100.0% 30/06/2017 Commercial In Confidence 3
Graph 2.4: Slaughtering by State Table 2.4: Slaughtering by State April 2017 and comparison to April 2016 Slaughtering Pig Meat Production Average Slaughter Weight Apr-17 (000s) vs. YA (Tonnes) vs. YA 12 Month Avg. (kg/head) Change (kg/head) NSW 845 3.2% 62,760 7.1% 74.3 3.8% VIC 1150 1.9% 88,056 1.5% 76.6-0.4% QLD 1084-3.7% 85,917-2.8% 79.3 1.0% SA 1299 9.1% 99,150 11.6% 76.3 2.2% WA 692 3.7% 50,269 1.3% 72.6-2.3% TAS 34 0.7% 2,171 2.4% 62.9 1.7% 30/06/2017 Commercial In Confidence 4
Exports Table 3.1: Australian Farmed Pig Exports April 2017 comparison to April 2016 Volume kg s SW Value $A Per unit Value Month 12 month Avg. (million) (million) $A/kg $A/kg Apr-17 3,034 37,220 10.4 134.1 $3.44 $3.62 Apr-16 2,787 33,064 10.5 126.6 $3.77 $3.85 8.9% 12.6% -0.6% 5.9% -8.7% -6.0% Graph 3.1: Volume of Australian Farmed Pigmeat Exports and April 2012 to April 2017 Graph 3.2: Value of Australian Farmed Pigmeat Exports and April 2012 to April 2017 30/06/2017 Commercial In Confidence 5
Table 3.2: Australian Pig Exports by Key Export Countries Apr 2016 comparison to Apr 2015 Volume kg s SW Value $A Per unit Value Apr-17 Avg. (million) $A/KG Singapore 14,375 1.9% 73.9 2.3% $5.14 0.4% New Zealand 3,976-8.7% 12.1-23.6% $3.14-17.0% Hong Kong 3,610-3.0% 12.4 21.4% $3.49 24.5% Philippines 4,675 22.5% 5.6 16.3% $1.19-4.0% Papua New Guinea 5,140 43.9% 13.9 10.2% $2.75-20.7% Graph 3.3: Percentage Volume Share of Farmed Exports by Country to April 2017 Table 3.3: Farmed Exports by State of Origin April 2017 Volume kg s SW Value $A Per unit Value Apr-17 Avg. $A/kg NSW 9,032 37.1% 29,567 16.0% $3.27-15.4% VIC 7,403-3.0% 29,709-12.6% $4.01-9.9% QLD 3,170-36.7% 8,616-40.9% $2.72-6.6% SA 8,440 72.2% 26,326 68.0% $3.12-2.4% WA 8,630 11.6% 37,604 9.2% $4.36-2.2% NT 72.0-86.3% 201-78.2% $2.79 59.4% Re-Export 461-31.5% 2,070 38.8% $4.49 102.5% 30/06/2017 Commercial In Confidence 6
Export Breakdown by Month Table 3.4: Exports by Country April 2017 comparison to April 2016 Australian Exports by Destination Volume (Tonnes) Value ($000s) Apr-16 Apr-17 vs. YA Apr-16 Apr-17 vs. YA 1,263.7 1,104.5-13% 6,622.2 5,309.4-20% Singapore Papua New Guinea 170.0 561.6 230% 455.5 1,665.5 266% Hong Kong (Sar of China) 298.7 269.7-10% 883.1 933.0 6% New Zealand 251.6 347.1 38% 772.8 878.6 14% Philippines 459.1 413.3-10% 532.6 547.0 3% Japan 30.3 60.5 100% 208.2 446.6 114% Viet Nam 135.4 87.0-36% 175.3 130.1-26% New Caledonia 24.5 31.0 27% 158.5 165.1 4% Nauru 33.7 10.0-70% 224.5 73.7-67% Fiji 35.8 0.6-98% 292.6 9.8-97% China (excluding SARs and Taiwan) 39.3 72.4 84% 37.8 85.9 127% Malaysia 23.0 20.0-13% 55.1 65.0 18% Angola 0.0 48.4 0.0 24.0 Solomon Islands 3.9 1.8-54% 22.7 25.8 14% Korea, Republic of 0.5 2.9 456% 8.6 33.2 287% Taiwan 0.0 3.4 0.0 42.1 Guam 3.3 0.0-100% 25.7 0.0-100% Samoa 13.0 0.0-100% 15.6 0.0-100% Maldives 0.5 0.1-81% 10.7 2.3-79% Bangladesh 0.0 0.2 0.0 3.1 Myanmar, Republic of 0.2 0.0-100% 3.4 0.0-100% Grand Total 2,786.5 3,034.4 9% 10,504.8 10,440.1-1% 30/06/2017 Commercial In Confidence 7
Imports Table 4.1: Australian Pig Imports April 2017 comparison to April 2016 Volume kg s SW Value $A Per unit Value Month (million) (million) $A/kg 12 month Avg. $A/kg Apr-17 14,058 171,262 55.9 660.6 $3.98 $3.86 Apr-16 14,666 166,510 53.8 631.9 $3.67 $3.79-4.1% 2.9% 4.0% 4.6% 8.5% 1.7% Graph 4.1: Volume of Australian Pork Imports and April 2012 to April 2017 Table 4.2: Australian Imports by Key Import Countries Apr 2016 comparison to Apr 2015 Volume kg s SW Value $A Per unit Value Apr-17 (million) Avg. $A/kg USA 65,141 11.5% 236.9 11.6% $3.64 0.1% Denmark 53,889-7.8% 202.2-9.3% $3.75-1.6% Canada 18,372-17.8% 66.5-14.3% $3.62 4.2% Netherlands 20,966 64.4% 77.8 81.3% $3.71 10.3% 30/06/2017 Commercial In Confidence 8
Graph 4.2: Australian Pork Import Volume Trends 2013-2017 Graph 4.3: Australian Import Volume Share by Country Financial Year Comparison 30/06/2017 Commercial In Confidence 9
Import Breakdown by Month Table 4.3: Imports by Origin April 2017 comparison to April 2016 Australian Imports by Destination Volume (Tonnes) Value ($000s) Apr-16 Apr-17 Apr-16 Apr-17 United States of 4,904.5 5,677.8 15.8% 16,631.8 21,468.0 29.1% America Denmark 5,645.8 3,149.6-44.2% 21,187.7 12,392.6-41.5% Netherlands 1,137.3 2,546.6 123.9% 3,529.7 9,680.7 174.3% Canada 1,499.2 1,201.8-19.8% 5,643.9 4,298.0-23.8% Ireland 685.4 664.5-3.0% 2,097.0 2,711.8 29.3% Belgium 304.0 416.2 36.9% 930.9 1,705.6 83.2% Italy 60.8 78.8 29.6% 1,265.5 1,568.0 23.9% United Kingdom 279.4 71.1-74.5% 1,162.1 349.0-70.0% Spain 59.2 46.6-21.3% 806.4 654.2-18.9% Germany 23.9 64.4 168.9% 136.9 511.1 273.3% China (excluding SARs and Taiwan) 42.1 79.5 88.9% 178.3 304.7 70.9% New Zealand 0.0 43.2 0.0 148.9 Korea, Republic of 5.9 13.7 132.7% 40.3 74.8 85.7% Taiwan 3.2 0.4-88.8% 48.7 10.7-78.0% Austria 0.0 0.7 0.0 4.7 France 0.0 0.1 0.0 1.2 Grand Total 14,666.2 14,057.6-4.1% 53,763.7 55,894.4 4.0% Disclaimer: The information contained in this report cannot be forwarded to, or used by, any third party without prior written consent from Australian Pork Limited (APL). This information has been collected and processed by APL and has not been prepared for any particular individual or entity. The information contained in the report Octember not be an accurate reflection of market prices or of changes in market prices. The report does not constitute a recommendation by, or opinion of, APL. While APL has no reason to believe that the information contained in this report is inaccurate, APL is unable to guarantee the accuracy of the information at any point in time and, subject to any terms implied by law which cannot be excluded, accepts no responsibility for loss suffered as a result of any party s reliance on the accuracy or currency of the content of this report. The information contained in the report should not be relied upon for any purpose, including as a substitute for professional advice. Nothing within the report constitutes an express or implied warranty, or representation, with respect to any future matter or as to the value of or demand for any good. 30/06/2017 Commercial In Confidence 10