Global: International livestock products market situation and prospects in 2023

Published 2024년 2월 23일

Tridge summary

The Food and Agriculture Organization of the United Nations (FAO) reported a 3.4% decrease in the average meat price index in 2023, with significant drops in beef, poultry, mutton, and dairy product prices. However, the average pork price index saw a 10.7% increase. The price of pork varied across regions, decreasing in the US but increasing in the EU and Brazil. The price difference between domestic and foreign white strip pork in China, Spain, the US, and Brazil initially decreased before increasing. While pork production and exports increased in the US and Brazil, exports to China decreased. Chicken prices decreased in the US and Brazil but increased in the EU, with the US seeing a decrease in chicken exports and Brazil seeing an increase, especially to China. Beef prices increased in the US but decreased in Brazil, with both countries experiencing a decrease in beef exports, particularly to China. Australian mutton prices decreased, but exports, especially to China, increased.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

1 International livestock product price index (1) Meat According to the Meat Price Index Report of the Food and Agriculture Organization of the United Nations (FAO), the average meat price index in 2023 will be 114.7, a year-on-year decrease of 3.4%. From a monthly perspective, it shows a trend of rising first and then falling, and the meat price index continued to rise in the first half of the year. , rose to 119.0 in June, the highest point for the whole year of 2023, and continued to fall in July, falling to 111.3 in December, down 6.4% from the high in June and down 1.0% year-on-year. The average pork price index in 2023 is 113.2, a year-on-year increase of 10.7%. It started to fluctuate from 105.5 in January to 122.2 in July, and then fell back, but overall it still maintains a relatively high level. It was 108.7 in December, which was 108.7 higher than that in July. It fell 11.1% and increased 1.5% year-on-year. The average poultry meat price index in ...

Source: Foodmate