Indonesia will import 250,000 live cattle from Australia for Q2 2015, as the country prepares for the fasting month of Ramadan and Lebaran celebration when demand for beef often increases
Indonesia Trade Ministry director general for international trade Partogi Pangaribuan said that the number of cattle import far exceeds Q1 quota of 2015, which was 100,000 live cattle with an import realisation reaching up to 97,747 cattle. Import demand in Q2 2015 is also much higher compared to the same period last year, which was 200,000 cattle.
Partogi added that import could start from April 2015 and is expected to prevent price increase during Lebaran.
National demand for beef in 2015 is projected to reach 640,000 tonnes, which is eight per cent higher compared to last year.
According to Australian Bureau of Statistics, Indonesia was Australia’s largest live cattle export market in 2014. In the first half of 2014, about 350,000 cattle were exported from Australia to the southeast Asian country.
