European beef market demand recovered smoothly

Introduction: the European beef market is expected to see a medium-term recovery in demand, while the supply of beef remains low, the European Commission said on Monday, which will ensure that livestock producers can obtain a sustained strong market price before 2009 With the end of the recent BSE and FMD crisis, European beef consumption is expected to reach 7.35 million tons this year, up 9% from 2001 According to a medium-term forecast report from the European Commission, this growth trend is expected to continue until 2009, when beef demand will reach 7.54 million tons "The recovery in beef consumption was confirmed in 2002, with an expected 9% increase in consumption," the report said, "as production will remain relatively low The average producer price will remain at a relatively high level " "Low production, coupled with the rapid rebound in beef consumption and the impact of a series of measures implemented over the past two years, all bode well for the balance of supply and demand in the EU beef market in the next few years," the report added EU data show that EU beef production is expected to reach 7.67 million tons in 2004, compared with 7.45 million tons in 2003 and 7.44 million tons in 2002 In the next few years, due to the low production cycle of beef, it dropped to 7.56 million tons in 2005 / 06 Then in 2009, it slightly increased to 7.64 million tons The report also said that the recent growth of pork production will continue, and then gradually decline At the same time, the demand for pork will increase year by year and continue to 2009 It is estimated that this year's pork production is 17.71 million tons, and it is estimated to reach 17.75 million tons in 2003 Then, it will maintain a stable growth until 2009, and the production is expected to reach 18.51 million tons Consumption, estimated at 16.56 million tons in 2002 and 17.75 million tons in 2003, is expected to reach 17.34 million tons by 2009 This will also mean that the annual consumption of pork per capita will increase from 43.68 kg in 2002 to 45.06 kg in 2009 In terms of poultry meat, the demand is also expected to maintain a stable growth The annual consumption per capita is expected to increase from 22.96 kg in 2002 to 24.55 kg in 2009 In 2002, EU poultry production will reach 9.08 million tons, slightly less than 9.13 million tons in 2001, but it will grow steadily in the next few years By 2009, EU poultry production will reach 9.7 million tons.