STRUCTURAL CHANGES IN THE WORLD MEAT MARKET: CONSEQUENCES FOR RUSSIA

Issue № 9, 2024, article № 16, pages 140-150

Section: Economics of agribusiness sectors

Language: Russian

Original language title: СТРУКТУРНЫЕ ИЗМЕНЕНИЯ НА МИРОВОМ РЫНКЕ МЯСА: ПОСЛЕДСТВИЯ ДЛЯ РОССИИ

Keywords: STATE SUPPORT, IMPORTS, INNOVATIONS, WORLD MARKET, WORLD TRADE, CONSUMPTION, PRODUCTION, MEAT MARKET, STRUCTURAL CHANGES, PRICES, EXPORTS

Abstract: The article examines the main trends and prospects for the development of the Russian meat market in the context of nine structural changes in the world market. The study analyzed the indicators of the meat market: the volume and structure of production and consumption, as well as changes in the proportions of international trade. In recent years, there have been structural changes in the production and consumption of meat and meat products. The growing global demand for meat and meat products is mainly due to the intensification of livestock production. Currently in Russia the trend of growth in production of meat and meat products continues with a significant reduction in imports. This was facilitated by measures taken by the state to support the agro-industrial complex. The current situation on the global meat market and its development trends give reason to believe that the prospects for expanding Russia’s presence in already developed markets and entering new markets are real. Increasing export volumes and diversifying markets will require significant investments in increasing production and logistics capacities. To build export potential and increase competitiveness in international markets, economic entities need to stimulate the development of innovative processes, ensure that additional requirements of importers are met, and develop new methods and approaches to managing innovative development.

Authors: Osinina Aleksandra IUrevna