Author:
Michael Clarke

Date of Publication:
November 15, 2016

Publication:
Australian Government Rural Industries Research and Development Corporation (RIRDC)
(Now called AgriFutures Australia)

Excerpt:
The Australian alpaca industry has been through the speculative stage of new industry development and has emerged with a much more professional focus. Alpaca is classified as ‘maturing’ and growth prospects are described as ‘neutral to positive’. Fibre production has increased from 102 tonnes in 2006-07 to 242 tonnes in 2015-16. Meat production has emerged as a serious addition to commercial enterprises –32 tonnes of alpaca meat were marketed to restaurants in 2015-16 and strong future growth is forecast. When returns from stud animal sales, including export, fibre and meat are added into the production mix industry has the potential to be profitable.

Read the rest of the article: https://www.agrifutures.com.au/wp-content/uploads/publications/17-005.pdf