What will the global meat industry look like in 2031? Part 1: Poultry

This is part 1 of a series of 5 Blogs.

2022-31 Projections for Meat Consumption, Production, and Trade by Country and Type of Meat

Using the OECD-FAO Agricultural Outlook’s most updated database (edition 2022), the EMEAT Market Analysis Team has prepared a detailed analysis by type of meat and country for key indicators such as total and per capital consumption, production, and trade (imports/exports).

Using the Easy Analytics approach that characterizes EMEAT, we have been able to condense large amounts of data into a few easy-to-understand charts.

Scope

This analysis includes projections for the years 2022-31 for Poultry meat consumption, production, and trade (import/export).

The analysis is done by country, for the 34 countries included in the OECD-FAO Agricultural Outlook 2022-2031 database.

Analysis for Poultry Meat

Of the total expected growth in consumption (+13m tonnes), the countries with the largest contributions are China (+2.2m tonnes), India (+2m tonnes), and the United States (+1.5m tonnes).

Chart 1. Consumption

Countries with large projected changes in per capita consumption include Malaysia (+17 Lbs), Peru (+16 Lbs), and Colombia (+14 Lbs).

Chart 2. Per capita consumption

On the trade side, the country with the largest expected increase in imports is the Philippines (+290K tonnes). The country with the largest projected decrease in imports is China (-545K tonnes).

Chart 3. Imports

Increases in production are driven by China (+2.7m tonnes), India (+2m tonnes), and the United States (+1.5m tonnes).

Chart 4. Production

Prepared by the EMEAT Market Analysis Team
contact@emeat.io

Sources

OECD-FAO Agricultural Outlook 2022-2031 database
Database published: July 2022
https://www.oecd-ilibrary.org/agriculture-and-food/data/oecd-agriculture-statistics_agr-data-en

GENERAL INFORMATION (from the OECD-FAO Agricultural Outlook 2022-2031 database information section):

“The Agricultural Outlook has been prepared as a joint report by the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. The report provides a ten year forward looking assessment of trends and prospects in the major temperate-zone agricultural commodity markets of biofuels, cereals, oilseeds and oilseed products, sugar, meat, fish and sea food, dairy products, cotton, roots and tubers and pulses. It is published annually, in the middle of the second quarter, as part of a continuing effort to promote informed discussion of emerging market and policy issues. The data used to develop the projections underlying the assessment are those available as of January 2021.

The projections and assessments provided in the report are the result of close co-operation between the OECD and FAO Secretariats and national experts with a jointly developed modelling system, based on the AGLINK-COSIMO model, used to facilitate consistency in the projections. The data series for the projections are drawn from OECD and FAO databases. For the most part information in these databases has been taken from national statistical sources. For further details on particular series, enquiries should be directed to the OECD and FAO Secretariats-

Generally for the period 1990-2031, the following countries/regions are covered: Canada, United States, European Union (Refers to all current European Union member States except the United Kingdom), United Kingdom, Norway, Switzerland, Russia, Ukraine, Australia, New Zealand, Japan, South Africa, Egypt, Ethiopia, Nigeria, Argentina, Brazil, Chile, Colombia, Mexico, Paraguay, China, Kazakhstan, India, Indonesia, Iran, Korea, Malaysia, Pakistan, Philippines, Saudi Arabia, Thailand, Türkiye, Viet Nam as well as a number of aggregate regions: Asia, Africa, Europe, Latin America, North America, Oceania, OECD, BRICS, Developing, Developed and World totals.”

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