Meat Market Review. Emerging trends and outlook in 2024
27/11/2024
The review finds that global meat production is forecast to increase moderately in 2024, driven by higher slaughter rates and favourable profit margins. International meat trade is also predicted to recover, as improving economic conditions and limited national supplies in some leading importing countries are expected to drive a surge in import demand.
Food Outlook – Biannual Report on Global Food Markets - November 2024
14/11/2024
FAO’s latest assessments indicate differing trajectories across different commodities, with wheat, maize, and sugar production set to decline, while outputs of dairy, fisheries, meats, oilseeds, and rice are expected to increase, with implications for utilization, trade, and stock levels. However, global food production remains susceptible to shocks arising from weather conditions, geopolitical tensions, and policies.
Meat and meat products (Market summary)
14/11/2024
This report provides an analysis of the most recent developments in the global meat market, including a short-term outlook.
OECD-FAO Agricultural Outlook 2024-2033 - Chapter 4 (Meat)
06/07/2024
This chapter describes market developments and medium-term projections for world meat markets for the period 2024-33. Projections cover consumption, production, trade and prices for beef and veal, pig meat, poultry, and sheep meat. The
Food Outlook – Biannual Report on Global Food Markets - June 2024
13/06/2024
FAO’s latest forecasts point to increased production and higher stocks for several basic foodstuffs. However, global food production remains susceptible to shocks arising from weather conditions, geopolitical tensions, and policies. These factors could disrupt the delicate balance between supply and demand, impacting global food security.
Meat Market Review. Overview of global market developments in 2023
22/04/2024
The April issue of the publication summarizes the salient trends and drivers of market developments and significant public policy changes in 2023. The review shows that world meat production increased in 2023, reflecting production increases across all meat types, driven by favourable production conditions in some producing regions.
Food Outlook – Biannual Report on Global Food Markets - November 2023
09/11/2023
FAO's latest forecasts point to favourable production outlooks across most basic foodstuffs. However, global food production systems remain vulnerable to shocks, stemming from extreme weather events, and rising geopolitical tensions and policies, potentially tipping the delicate demand-supply balances, dampening prospects for international trade in food commodities and with implications for global food security.
Meat Market Review – Overview of market and policy developments in 2022
16/10/2023
The October issue of the publication summarizes the salient trends and drivers of market developments and significant public policy changes in 2022. The review finds that a confluence of factors, including sluggish import demand from leading meat importers and rising national production, led international meat prices to trend downwards in the second half of the year.
Meat Market Review - Emerging trends and outlook, 2023
12/08/2023
he review finds that world meat production will likely expand in 2023, reflecting an increased supply of animals for slaughter amid favourable production conditions in some leading producing regions. However, global meat trade will likely contract due to sluggish economic growth and high stocks in leading importing countries. Meanwhile, international meat prices have trended downward since July 2023, underpinned by increased export availabilities with a slowdown in import demand.
Food Outlook – Biannual Report on Global Food Markets - June 2023
15/06/2023
FAO’s latest forecasts point to increases in production and higher stocks across several basic foodstuffs. However, global food production systems remain vulnerable to shocks, stemming from weather conditions, geopolitical tensions and policies, potentially tipping the delicate demand-supply balances, with implications for global food security.
Food Outlook - June 2022
12/06/2023
In view of the soaring input prices,concerns about the weather, and increased market uncertainties stemming from the war in Ukraine, FAO’s latest forecasts point to a likely tightening of food markets in 2022.
Meat Market Review - Emerging trends and outlook 2022
25/11/2022
The November issue of the publication summarizes the salient trends and market outlook in 2022. The international meat prices reached an all-time high in June 2022 amid tight global supplies. Moreover, global meat production in 2022 is expected to expand only moderately, constrained by animal diseases, rising input costs and extreme weather events. Meanwhile, world meat trade is likely to fall, weighed by a contraction in pig meat imports and economic slowdowns and downturns.
Food Outlook - November 2022
11/11/2022
FAO’s latest forecasts point to somewhat easing of market conditions for basic foodstuffs. However, increased climate variability, conflicts and geopolitical tensions, bleak economic prospects, soaring agricultural input costs and export restrictions continue to pose challenges to global food commodity market stability.
Meat Market Review - Overview of market and policy developments 2021
18/07/2022
The July issue of the publication summarizes the salient trends and drivers of market developments and significant public policy changes in 2021. The review finds that the international meat prices increased sharply in 2021 amid tight global supplies from leading exporters. Moreover, world meat output expanded, principally driven by increased pig meat output and global meat trade expanded in 2021, albeit at a slower pace than in the previous five years.
Meat Market Review: Emerging trends and outlook, December 2021
16/12/2021
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.
Meat Market Review: Price and policy update, August 2021
05/08/2021
The FAO Meat Price Index averaged 110.3 points in July, up marginally from June, putting the index 19.6 percent above the corresponding month last year. In July, quotations for poultry meat rose the most, underpinned by increased imports by East Asia amidst limited production expansions in some producer regions, while those of ovine meat increased on high import purchases and seasonally declining supplies from Oceania. Bovine meat prices also strengthened, reflecting the tightening of global markets due to lower supplies from major producing regions and continued high imports, especially by China. Conversely, pig meat prices fell, following a decline in imports by China, notwithstanding limited supplies from Germany due to the spread of African swine fever in some pig farms.
Meat Market Review: Overview of global meat market developments, March 2021
18/03/2021
The Meat Market Review, March 2021 issue presents an overview of global meat market developments in 2020, including trends in international meat prices, global meat production and trade in meat and meat products. International meat prices fell in 2020, reflecting price declines across all meat types, underpinned by widespread import curtailments by many meat importing countries due to pandemic-related economic downturns, transport bottlenecks and foreign reserve limitations. Increased export availabilities in exporting countries owing to reduced food services sales and lower internal demand also depressed international meat prices. Regarding meat production, world meat output remained stable, despite pandemic related issues and impacts of African swine fever. The total world meat trade increased, albeit slowly. Fuelled by strong demand from East Asia, world trade in pig meat rose, but weak demand and limited supplies resulted in lower bovine and ovine meat trade. Despite market disruptions, world trade in poultry meat remained stable.
Meat Market Review: Emerging trends and outlook, December 2020
16/12/2020
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.
Meat Market Review: Price and policy update, August 2020
23/08/2020
The FAO Meat Price Index fell in July, resulting from declines in price quotations for pig and bovine meats, overshadowing a recovery in the prices of poultry meat and an increase of those of ovine meat. High export availabilities, amid weak global import demand, underpinned pig and bovine meat price falls. Brazil’s production cuts were principally behind the recovery in poultry meat prices. Subdued demand for ovine meat put a break on the sharp price increases registered in previous months. Government responses to COVID-19 and animal diseases dominated the global meat policy landscape in the first six months of 2020.
Meat Market Review - Overview of global meat market developments - April 2019
30/04/2020
This publication provides an update on production, trade and price movements of meat products (bovine, ovine, pig and poultry meat). It aims to provide a clear snapshot view of key changes and underlying determinants of world dairy markets. It is the only publication that covers meat market developments in the entire world that is also updated regularly; it supports the division’s objective in providing market information relevant for policy makers, helping them in the process to take data-based policy decisions. • Average meat prices rebounded in 2019 following a fall in 2018. • Prices for pig meat rose the most in 2019, followed by bovine and poultry meat, but ovine meat eased from their highs. • Global meat production fell by 1.0 percent after two decades of steady growth in 2019, as pig meat production plummeted, only partially compensated by increases across all other meat complexes, especially poultry. • Global meat exports rose by 6.8 percent – the highest rate to record since 2012.