Transcription of OECD-FAO Agricultural Outlook 2021-2030
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OECD-FAO Agricultural Outlook 2021-2030
163 OECD-FAO Agricultural Outlook 2021-2030 OECD/FAO 2021 This chapter describes recent market developments and highlights the medium-term projections for world meat markets for the period 2021-30. Price, production, consumption and trade developments for beef and veal, pigmeat, poultry, and sheepmeat are discussed. The chapter concludes with a discussion of important risks and uncertainties that might affect world meat markets over the next ten marketing years. 6 Meat 164 OECD-FAO Agricultural Outlook 2021-2030 OECD/FAO 2021 Projection highlights International meat prices declined in 2020 due to the impact of COVID-19. Logistical hurdles and reduced food service and household spending temporarily curtailed import demand by some leading importing countries.
existing or future trade agreements (for example, the African Continental Free Trade Area or the Regional Comprehensive Economic Partnership) will influence the size of trade flows and meat trade patterns over the outlook period, both globally and bilaterally.
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