Thumbnail Image

Meat Market Review. Emerging trends and outlook 2022

Emerging trends and outlook 2022








FAO. 2022. Meat Market Review - Emerging trends and outlook. 2022. Rome.


Also available in:
No results found.

Related items

Showing items related by metadata.

  • Thumbnail Image
    Journal, magazine, bulletin
    Meat Market Review. Emerging trends and outlook, December 2021 2021
    Also available in:
    No results found.

    The December issue of the Meat Market Review presents emerging trends and outlook of international meat prices, global meat production and trade in meat products. After rising consecutively for ten months since October 2020, the FAO Meat Price Index rose to 114.1 points in July this year, driven by solid global import demand outstripping supplies from major exporting countries. However, a slowdown in pig meat imports by China weighed on international meat prices since August. World meat production in 2021 is anticipated to expand, sustained by increased pig meat output in Asia. Global meat trade is forecast to increase by 1.1 percent, but marking the slowest pace of growth in six years.
  • Thumbnail Image
    Journal, magazine, bulletin
    Meat Market Review - Emerging trends and outlook 2020
    Also available in:
    No results found.

    The December issue of the Meat Market Review presents emerging trends and outlook of international meat prices, global meat production and trade in meat products. In November, the FAO Meat Price Index rose, after 10-months of decreases, underpinned by a fast pace of purchases by China and limited supplies of most meat products. World meat production in 2020 is forecast to fall due to the African swine fever viral disease that constrained pig meat production in East Asia. However, world trade in poultry and pig meat products is rising, induced by robust import demand from East Asia. Many other countries are curtailing imports, reflecting market disruptions, lower household incomes and logistical hurdles that resulted from the global health crisis.
  • Thumbnail Image
    Journal, magazine, bulletin
    Meat Market Review - Overview of global meat market developments in 2018
    mrt/19
    2019
    Also available in:
    No results found.

    Global meat output in 2018 is estimated at 336.4 million tonnes, up 1.2 percent from 2017, principally originated in the United States, the EU, and the Russian Federation, but partially offset by a decline in China and stagnation in Brazil, two of the world’s largest meat producers. Meat output volumes expanded in all major regions in the world, especially in Europe and North America. Productivity improvements, as countries introduced better management practices, more streamlined production systems and new technology, were largely behind the output expansion. Moreover, droughts in some parts of the world, including in the United States in the first half of the year, in the EU during the summer months, and Australia almost throughout the year, led to higher animal slaughter. Across the various meat sub-sectors, bovine meat output (refer to meat derived from ruminant mammals including cows, ox and buffalos) registered the highest expansion (+2.1 percent), followed by poultry meat (+1.3 percent), but remained stable for ovine meat (meat derived from sheep and goats) (+0.6 percent) and pigmeat (+0.6 percent). World meat exports in 2018 is estimated at 33.8 million tonnes, up 2.9 percent from 2017, principally driven by increased shipments from the United States, Australia, Argentina and the EU, but retreated in India, China and Brazil. China, the world’s largest meat importer, increased its purchases significantly, as consumer demand for meat continued to rise amid a contraction in pigmeat output, partly due to the onset of the African swine fever. Elsewhere, imports increased in the Republic of Korea, and Viet Nam, while the Russian Federation, Saudi Arabia and the United States have cut back on imports. Across meat categories, world meat exports expanded at faster rates for ovine (+9.4 percent) and bovine (+6.1 percent) than for pigmeat (+1.6 percent) and poultry (+1.0 percent). The annual average value of world meat prices in 2018, measured by the FAO Meat Price Index, was 2.2 percent lower than in 2017, reflecting the declines in prices of pig (-8.1 percent) and poultry (-4.8 percent) meats and stability of bovine meat prices (+0.2 percent). Ovine meat prices increased by as much as 17 percent, but did not affect the average index value significantly because of its low weightage in the index. The spread of the African Swine Fever (ASF) and associated import restrictions weighed on international pigmeat price quotations while generally sluggish poultry import demand caused its prices to weaken. Abundant export supplies and robust demand from across the world characterized the global bovine market, keeping its prices stable. Price strength of ovine meat during the whole year was a result of strong import demand, combined with limited supplies from Oceania.

Users also downloaded

Showing related downloaded files

No results found.