Global general meat manufacturing in 2023 is forecast to extend marginally to 364 million tonnes (carcass weight an identical), mainly pushed by way of an expected build up in international poultry meat manufacturing, which is forecast to increase essentially the most by way of quantity, facilitated by way of higher call for from the meals services and products sector and its basic attraction as a fairly inexpensive meat kind, in spite of standard outbreaks of the extremely pathogenic avian influenza virus and increased feed costs. World ovine meat manufacturing may be anticipated to extend in Asia and Oceania. In contrast, international pig meat manufacturing is anticipated to drop relatively (-0.5%) to 121.7 million tonnes carcass weight an identical, mainly underpinned by way of a steep drop in output in Europe because of the continuing affect of the African swine fever virus, weaker manufacturer margins and relatively decrease home call for. World bovine meat manufacturing may be forecast to fall marginally on decrease farm animals inventories, top feed prices, forage shortages and decrease carcass weight in different main generating areas, in spite of some will increase somewhere else.
Global industry in meat and meat merchandise is forecast to succeed in 42 million tonnes (carcass weight an identical) in 2023, simplest relatively above the 2022 degree. This slight expansion is underpinned by way of expectancies of import expansions along with higher meals services and products gross sales, specifically in China, following the top of the rustic’s restrictions associated with the COVID-19 pandemic. Then again, emerging availabilities from home resources and decrease shopper buying energy amid top meals costs and financial downturns may result in import declines in maximum meat uploading nations, partly offsetting the foreseen will increase. A lot of the predicted higher call for is perhaps provided by way of Brazil and Australia, facilitated by way of the top availability of exportable provides, disease-free standing and aggressive costs.
Since achieving an all-time top in June 2022, global meat costs have trended downward in the second one part of closing yr, reflecting higher exportable availabilities in some main exporting nations amid decrease import call for for spot provides. Then again, the FAO Meat Value Index rebounded from February 2023, basically pushed by way of pig and bovine meat costs amid provide barriers and, extra not too long ago, emerging poultry meat costs because of top call for.
June 16, 2023/ FAO.
https://www.fao.org