The sheep meat industry is Victoria’s third largest agricultural industry by value, with a gross value of agricultural production of around $938.1 million. The gross value of wool production in Victoria was $383.9 million in 2008-09.
The Victorian sheep flock in 2009 was around 15 million. This was the lowest since 1928 and reflects a sustained decrease from 29.2 million in 1990.
Since 1990, wool production has declined from 216 million kilograms to a low of 78 million kilograms in 2008-09. Australia’s wool exports in 2008-09 were valued at $2 billion, with Victoria contributing $552 million of this total.
Victoria is one of the world’s largest suppliers of sheep meat (lamb & mutton), exporting around 110,500 tonnes, worth $658 million, in 2008-09.
The Sheep Meat and Wool Industry Profile provides an overview of the location, structure and financial performance of Victoria’s sheep meat and wool industry.