Meat Market Review: Emerging trends and outlook, December 2020

Year of publication2020

AuthorFAO

PublisherFAO

AbstractThe 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.

 

ThemeAgricultural Commodities and Development

Product typeJournal; magazine; bulletin

SeriesMeat Market Review

Areas of workGlobal Commodity Markets

CommodityMeat

Keywordsmeat products; market prices; trade; forecasting