Australian livestock export ban for Middle East hits Eid Al Adha sacrifice prices
Australia’s ban on the export of live sheep to the Middle East during the summer months, and India’s rules against sea freight for livestock during summer, have hit Eid Al Adha sacrifice prices, says Khaleej Times.
Without Australia as an export option, traders have been forced to rely on goats from India, but New Delhi does not allow livestock to be exported by sea during the summer months, and air freight adds an extra AED300 on average to the cost of each animal.
“As per the market trend, buying a goat during this Eid season can cost up to Dh2,000, largely due to increased transport costs,” reports the Khaleek Times.
Traders at the Dubai Cattle Market told the paper that during the summer months, live animals will be imported from India via air transport, which costs more than double than that of sea cargo.
Earlier this year, when the livestock used to arrive via sea cargo, prices were around Dh1,500 for the animal, the traders say.
Goats and sheep from India are expected to remain high in demand due to their affordability and availability, whereas sheep from Australia cannot be imported to the Middle East due to a moratorium imposed by the Australian Agriculture Department for the rest of the summer.