The FAO Meat Price Index* started to increase in October of 2020. For the first few months of the pandemic, prices had declined. In 2021, prices further increased and the index reached an all time high of 125.4 index points in June of 2022, a few months after the start of the Russian invasion of Ukraine. Since then, the index has fluctuated and came to 117.7 in January 2025. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated facts and figures page. For further information about the Russian invasion of Ukraine, please visit our dedicated page on the topic.

Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."

In July 2022, the turkey meat price amounted to $3,786 per ton (CIF, Mexico), rising by 18% against the previous month.

In July 2023, the price of Camel Meat reached $7,534 per ton (FOB, Australia), representing a 22% increase from the previous month.

The size of the India Meat Packaging Market was valued at USD 7260.9 million in 2024 and is projected to reach USD 13019.59 million by 2033, with an expected CAGR of 8.70% during the forecast period. The India meat packaging market is witnessing significant growth, driven by increasing demand for convenience, hygiene, and extended shelf life of meat products. Rising urbanization, changing consumer lifestyles, and growing awareness of food safety have propelled the adoption of advanced packaging solutions. The market is characterized by the use of materials like plastics, paper, and metal for various packaging types, including vacuum packs, modified atmosphere packaging, and rigid containers. Government regulations promoting food safety and sustainability are encouraging the adoption of eco-friendly and biodegradable packaging options. Moreover, the rise of organized retail, e-commerce platforms, and cold chain infrastructure has bolstered the demand for quality meat packaging. Companies in the sector are focusing on innovation, such as antimicrobial and smart packaging, to enhance product preservation and meet evolving consumer preferences. However, challenges such as the high cost of advanced packaging technologies and concerns about plastic waste remain. Despite this, the market is expected to grow steadily due to increasing meat consumption, improved supply chain management, and advancements in packaging technology, making India a key market for the global meat packaging industry. Recent developments include: July 2023: The premium cured meats brand Volpi Foods just introduced Eco-Pack, a revolutionary packaging design that uses less plastic. With the same shelf life as the prior packaging, the package makes use of curbside recyclable paper material., June 2022: With a new packaging design, FreshToHome, an online fresh fish and meat e-commerce firm with its headquarters in Bengaluru, introduced the first Ready-To-Fry (RTF) meat snacks in India on its platform.. Key drivers for this market are: Rising disposable income and meat consumption.

Expansion of retail and food service sectors.

Growing urbanization and demand for convenience.

Technological advancements in packaging.

Government initiatives to promote food safety.. Potential restraints include: Fluctuating raw material prices: Affects packaging costs.

Packaging waste management: Concerns over disposal of non-biodegradable materials.

Lack of cold chain infrastructure: Limits distribution of perishable meat products.

Regulatory compliance: Stringent food safety regulations increase production costs.. Notable trends are: Sustainable packaging: Use of biodegradable and recyclable materials.

Smart packaging: Integration of sensors and technologies to monitor product quality.

E-commerce: Growth in online meat sales drives demand for innovative packaging.

Customized packaging: Tailored solutions for specific products and consumer needs.

The June edition of Agricultural commodities contains ABARES' latest outlook for Australia's key agricultural commodities in 2015-16, which updates the outlook ABARES released in March 2015. In …Show full descriptionThe June edition of Agricultural commodities contains ABARES' latest outlook for Australia's key agricultural commodities in 2015-16, which updates the outlook ABARES released in March 2015. In addition to commodity forecasts, this publication also includes boxes about the Australian sugar industry; the beef cattle industry in South America; demand and supply of sorghum in China; reforms to dairy support policies in the European Union; and El Nino and agricultural production. Commodity forecasts • Export earnings from farm commodities are forecast to be around $41.8 billion in 2015-16, compared with an estimated $42.4 billion in 2014-15. • This would be around 10 per cent higher than the average of $38 billion over the five years to 2014-15 in nominal terms. • Agricultural commodities for which export earnings are forecast to rise in 2015-16 include coarse grains (up by 6 per cent), dairy (2 per cent), lamb (2 per cent), live sheep (6 percent), wool (5 per cent) and sugar (5 per cent). • These forecast increases are expected to be more than offset by forecast falls in export earnings for beef and veal (4 per cent), wheat (5 per cent), canola (5 per cent), cotton (33 per cent), live feeder/slaughter cattle (4 per cent) and mutton (13 per cent). • Export earnings for fisheries products are forecast to increase by 6.3 per cent to around $1.6 billion in 2015-16, after increasing by an estimated 13.9 per cent to $1.5 billion in 2014-15. • The index of unit export returns for Australian farm exports is forecast to rise by 2.5 per cent in 2015-16, following an estimated rise of 6.0 per cent in 2014-15. This forecast increase in 2015-16 mainly reflects the effect of an assumed lower Australian dollar. • Higher export prices, in Australian dollar terms, are forecast for beef and veal, wool, barley, wine, lamb, canola, live feeder/slaughter cattle, rock lobster, mutton and dairy products in 2015-16. In contrast, export prices of wheat and sugar are forecast to decline. • The gross value of farm production is forecast to increase by 3.1 per cent to around $53.7 billion in 2015-16, following an estimated increase of 2.1 per cent to $52.1 billion in 2014-15. At this forecast level, the gross value of farm production in 2015-16 would be around 9 per cent higher than the average of $49.1 billion over the five years to 2014-15 in nominal terms. • The gross value of livestock production is forecast to increase by around 5.2 per cent to $27.2 billion in 2015-16, following an estimated increase of 13.1 per cent in 2014-15. The forecast increase in 2015-16 mainly reflects expected higher farmgate prices for beef cattle, lamb, sheep and wool, more than offsetting a forecast decline of 4.1 per cent in the volume index of livestock production in 2015-16 under the assumption of herd and flock rebuilding in the latter half of 2015-16. • The gross value of crop production is forecast to increase by 0.9 per cent to $26.5 billion in 2015-16, following an estimated decrease of 6.8 per cent in 2014-15. The forecast increase in 2015-16 mainly reflects an expected increase of 1.4 per cent in the volume index of crop production. • The volume index of total farm production is forecast to fall by 1.5 per cent in 2015-16, following an estimated decline of 0.7 per cent in 2014-15. Economic assumptions underlying this set of commodity forecasts • In preparing this set of agricultural commodity forecasts, world economic growth is assumed to be 3.4 per cent in 2015 and 3.6 per cent in 2016. • In Australia, economic growth is assumed to average 2.7 per cent in 2015-16, compared with 2.5 per cent in 2014-15. • The Australian dollar is assumed to average around US76 cents in 2015-16, around 10 per cent lower than the average of US84 cents in 2014-15. El Nino and agricultural production • The Bureau of Meteorology advised that the El Nino in the tropical Pacific continues to strengthen. All international climate models surveyed indicate that tropical Pacific Ocean temperatures are likely to remain above El Nino thresholds through the coming southern winter and into spring. • The impact of an El Nino event on Australian agricultural production is not uniform and is difficult to predict. While an El Nino event is often, but not always, associated with reduced rainfall in eastern Australia, the timing of rainfall can have a significant effect on crop and pasture production.

A regional breakdown of the Consumer Price Index (CPI) in China reveals considerable variations across different regions. In June 2025, Guangxi province displayed a CPI of about 99.3 points (same month previous year = 100), whereas the CPI in Anhui province reached 100.8 points. Consumer price development in China The Consumer Price Index measures the average changes over time in the price level of a market basket of consumer goods and services purchased by consumers. It is closely related to the inflation rate. The consumer inflation rate is derived from the annual percentage increase of the CPI. After 2011, China experienced a slight decrease in domestic inflation. Between 2014 and 2018, the annual inflation rate ranged at around two percent or lower. In 2019, inflation increased again to 2.9 percent and remained high during 2020, but is forcast to decrease in the coming years. Monthly inflation rates peaked at 5.4 percent in January 2020 due to the coronavirus pandemic, but declined quickly in the following months and reached negative values in November 2020. Regional and sectoral inflation rates In recent years, inflation rates in the largest cities and developed regions often remained below those in developing regions in the inner provinces. The CPI in rural regions was on average slightly higher than in urban areas. The annual CPI of food, tobacco and liquor in China ranged among the highest during 2020 - mainly driven by rising pork and meat prices, whereas the transportation and communication’s CPI was one of the lowest. With the travel sector recovering from the coronavirus pandemic in the first half of 2021, monthly prices for transportation started to increase again.