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Food Outlook – Biannual Report on Global Food Markets

Copyright licence

Year of publication 2021

Place of publication Rome, Italy ;

Pages 112 p.

Author FAO

Publisher FAO ;

Product type Book (series)

Category Technical report

ISBN 978-92-5-135248-9

Series title Food Outlook

Series number nov/21

To cite or share https://doi.org/10.4060/cb7491en

Synopsis (short abstract) Despite generally favourable supply prospects, international prices of most food commodities continue to remain high on robust trade with demand holding firm. Larger imports and soaring freight costs are expected to push up the world food import bill to over USD 1.75 trillion in 2021, a rise of 14 percent (USD 218 billion) from 2020 and 12 percent from the previous report in June. This report provides supply and demand forecasts for basic foodstuffs, fish, and fishery products along with price analysis and policy information. The Special Feature examines the pathways and impacts of rapidly rising input prices, especially those of energy derived from fossil fuels, which can have detrimental effects on the global food economy in terms of their influence on food prices and future price developments, as well as their likely consequences for global food security. Food Outlook is published by the Markets and Trade Division of FAO as part of the Global Information and Early Warning System (GIEWS). It is a biannual publication (November and June) focusing on developments in global food markets. Food Outlook maintains a close synergy with another major GIEWS publication, Crop Prospects, and Food Situation, especially with regard to the coverage of cereals. Food Outlook is available in English. The summary section is also available in Arabic, Chinese, French, Russian, and Spanish.

Markets at a Glance

  • Wheat
    • This report provides an analysis of the most recent developments in the global wheat market, including a short-term outlook. Read it here.
  • Coarse Grains
    • This report provides an analysis of the most recent developments in the global coarse grains market, including a short-term outlook. Read it here.
  • Rice
    • This report provides an analysis of the most recent developments in the global rice market, including a short-term outlook. Read it here.
  • Oilcrops, oils and meals
    • This report provides an analysis of the most recent developments in the global oilcrops market, including a short-term outlook. Read it here.
  • Sugar
    • This report provides an analysis of the most recent developments in the global sugar market, including a short-term outlook. Read it here.
  • Meat and meat products
    • This report provides an analysis of the most recent developments in the global meat market, including a short-term outlook. Read it here.
  • Milk and milk products
    • This report provides an analysis of the most recent developments in the global milk market, including a short-term outlook. Read it here.
  • Fish and fishery product
    • This report provides an analysis of the most recent developments in the global fish market, including a short-term outlook. Read it here.

Special features

Rising input prices add unwanted pressure on the already fragile global food economy

The Special Feature examines pathways and impacts of rapidly rising input prices, especially those of energy derived from fossil fuels, and their likely consequences for consumers in economically-vulnerable, import-dependent countries, who are particularly exposed to higher food and energy prices. Read it here.

Cite this content as:

FAO. 2021. Food Outlook – Biannual Report on Global Food Markets. Food Outlook, November 2021. Rome.

https://doi.org/10.4060/cb7491en

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Language English

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