{"id":12516,"date":"2025-09-19T12:23:24","date_gmt":"2025-09-19T12:23:24","guid":{"rendered":"https:\/\/www.expanamarkets.com\/?post_type=insight&#038;p=12516"},"modified":"2025-09-19T12:23:30","modified_gmt":"2025-09-19T12:23:30","slug":"australia-drives-koreas-august-2025-beef-imports-to-seven-month-peak","status":"publish","type":"insight","link":"https:\/\/www.expanamarkets.com\/insights\/article\/australia-drives-koreas-august-2025-beef-imports-to-seven-month-peak\/","title":{"rendered":"Australia Drives Korea\u2019s August 2025 Beef Imports to Seven-Month Peak"},"content":{"rendered":"\n<!-- .module.article-rich-text: start -->\n<div id=\"\" class=\"module article-rich-text pt-32 md:pt-48 xl:pt-56 pb-40 md:pb-64 xl:pb-80 hidden show-small:block show-medium:block show-large:block [p_+_p]:mb-24\">\n\t<p><span data-contrast=\"auto\">Korea\u2019s August 2025 <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.expanamarkets.com\/markets\/protein\/red-meat\/beef-prices\/\">beef<\/a><\/span> imports rose for the second consecutive month, reaching 47,475 metric tons (mt), the highest level since January 2025, data from Korea Customs Service showed.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Rising 8.8% month-on-month (MOM), imports increased by 3,841 mt, led by higher volumes from the United States (US) and Australia. Higher volumes from Canada contributed to the increase, while shipments from New Zealand were broadly stable compared with the prior month, tempering overall growth.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/library.urnerbarry.com\/Images\/expana-korea-beef-imports-monthly-comparison-Aug-2025.png\" width=\"829\" height=\"444\" \/><\/p>\n<p><span data-contrast=\"auto\">Year-on-year (YOY), imports rose 24.5% or 9,347 mt, led by Australian beef frontloading ahead of the safeguard quota. Additional US cargoes originally bound for China were redirected amid trade tensions.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Year-to-date (YTD) imports in one of Asia\u2019s largest beef markets reached 349,539 mt, up 7.6% YOY (24,722 mt), despite the peninsula\u2019s ongoing political turmoil. Korea&#8217;s recovery from last year\u2019s lull, powered by firmer demand and a stronger won supported the increase.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/library.urnerbarry.com\/Images\/expana-korea-beef-imports-top-importing-countries-Aug-2025.png\" width=\"817\" height=\"435\" \/><\/p>\n<h5><strong>Key Supplier\u2019s Breakdown by Volume:\u00a0<\/strong><\/h5>\n<h5><span class=\"SubTitle\">Australia\u00a0<\/span><\/h5>\n<p><span data-contrast=\"auto\">With a market share of 48.0%, Australian imports in July 2025 surpassed the US for the first time since January, reaching 22,803 mt. Volumes rose for a fourth consecutive month, up 14.6% MOM or 2,906 mt, as buyers frontloaded product ahead of Korea\u2019s safeguard activation.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">As of September 12, Australia had reached 100% of its annual Special Agricultural Safeguards (SSG) quota. Imports from Australia will now face the Most Favored Nations (MFN) duty of 24%, commonly known as the safeguard duty, through the end of the year.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Demand for Australian beef has been driven primarily by the need to fill gaps left by reduced US supply, with television and celebrity endorsements bolstering consumer interest.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/library.urnerbarry.com\/Images\/expana-korea-beef-imports-Australia-safeguard-aug-2025.png\" width=\"816\" height=\"726\" \/><\/p>\n<h5><span class=\"SubTitle\">The United States\u00a0<\/span><\/h5>\n<p><span data-contrast=\"auto\">With its market share at 45.6%, imports from the world\u2019s largest beef producer, the US edged up another 3.1% MoM or 660 mt to 21,669 mt in August 2025.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Volumes climbed to their highest level since January, underpinned by winter demand and redirected cargoes from China to Korea as US suppliers sought alternative outlets amid Sino US tariffs and permit delays. Further upside was constrained by falling US production.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/library.urnerbarry.com\/Images\/expana-korea-beef-imports-year-to-date-market-share-comparison-aug-2025.png\" width=\"840\" height=\"496\" \/><\/p>\n<p><span class=\"TextRun SCXW232363847 BCX8\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW232363847 BCX8\">Other notable suppliers to Korea in August 2025 were New Zealand with 1,435 mt and Canada with 1,328 mt.<\/span><\/span><span class=\"EOP SCXW232363847 BCX8\" data-ccp-props=\"{}\">\u00a0<\/span><em><br \/>\n<\/em><\/p>\n<p>Co-authored by:<\/p>\n<p>Junie Lin<br \/>\nExpana<br \/>\n<a href=\"mailto:junie.lin@expanamarkets.com\">junie.lin@expanamarkets.com<\/a><\/p>\n<p>Joe Muldowney<br \/>\nExpana<br \/>\n1-732-240-5330 ext. 244<br \/>\n<a href=\"mailto:joe.muldowney@expanamarkets.com\">joe.muldowney@expanamarkets.com<\/a><\/p>\n<p>Bill Smith<br \/>\nExpana<br \/>\n1-732-240-5330 ext. 265<br \/>\n<a href=\"mailto:bill.smith@expanamarkets.com\">bill.smith@expanamarkets.com<\/a><\/p>\n\t<\/div>\n\t<!-- .module.article-rich-text: end -->","protected":false},"excerpt":{"rendered":"","protected":false},"author":54,"featured_media":9793,"template":"","tags":[117,132],"insight-theme":[166],"insight_topic":[110],"news_topic":[],"class_list":["post-12516","insight","type-insight","status-publish","has-post-thumbnail","hentry","tag-protein","tag-red-meat","insight-theme-weekly-market-insights","insight_topic-red-meat"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Australia Drives Korea\u2019s August Beef Imports to Seven-Month Peak<\/title>\n<meta name=\"description\" content=\"Korea\u2019s August 2025 beef imports rose for the second consecutive month led by higher volumes from the US and Australia. 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