The EU loses share in the pork, beef, and chicken market, according to the USDA

In 2024, EU pork, beef and chicken exports will represent 15% of global exports, which will mean a significant reduction in the community share of these meats in the world market compared to the 20% they represented in 2019. This is the forecast included by the United States Department of Agriculture (USDA) in its latest report on the world meat market. In it he highlights that, on the contrary, Brazil's share will go from 20% in 2019 to 26% in 2024 while that of the United States will remain stable at 22%. The USDA notes that the Covid-19 pandemic, which led to changes in meat consumption, along with rising production costs, animal diseases and increased regulatory obligations have reconfigured livestock production in large producing countries. In the case of the EU, total production of pork, beef and chicken fell by 2% between 2019 and 2022 and it is estimated that this year it will decrease by a further 2% and in 2024 by 1%. The regulations on veterinary medicines in the Union, ...