Meat Market Review: Emerging trends and outlook, December 2021

Year of publication2021

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. 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.

 

ThemeAgricultural Commodities and Development

Product typeJournal; magazine; bulletin

SeriesMeat Market Review

Areas of workGlobal Commodity Markets

CommodityMeat

Keywordsmeat products; market prices; trade; forecasting