Drop in world meat exports could extend until 2025, OECD and FAO suggest

Published 2024년 7월 19일

Tridge summary

A new study by the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO) predicts that global meat exports will take until around 2033 to recover to the record levels of 2020 and 2021, largely due to the impact of the African swine fever outbreak in China. The report anticipates that beef and chicken exports may recover slightly earlier, around 2029, while pork exports are expected to recover by 2033. North and South America are expected to continue dominating the global meat exports market, with Brazil and the USA contributing for about 20% each. Argentina, Australia, Brazil, and Thailand are estimated to see a greater increase in global meat exports due to favorable exchange rates and sufficient animal feed availability.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

But not only that: the expectation is that they will only return to the record levels of 2021 around 2033, possibly a little earlier. In the annual joint study in which they evaluate trends in world meat production and trade, the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO) point out that only in the next decade, around 2033, is that meat exports will return to the record levels reached between 2020 and 2021. Analyzing the results of that biennium, the new OECD/FAO study notes that the historically high levels recorded at that time – just over 40 million tons of chicken, pork, beef and lamb – were due, in large part, to the exceptional demand for part of China during the African swine fever outbreak. At the time, the country absorbed a quarter of global imports. With the recovery of Chinese production and its policy of seeking self-sufficiency in both pigs and chickens, global meat trade tends ...

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