TagsDemand

News: demand

Bringing premium pork back to the table

The Covid-19 pandemic greatly impacted consumer income, leading to a drop in consumption of premium pork products. But with the right strategies, these products...

High income elasticity benefits shrimp trade

Shrimp has benefited greatly from high income elasticity of demand, as it is globally viewed as a healthy, premium, convenient product with a neutral...

Inflation challenges

While the Covid-19 pandemic persists in the region, many economic activities have resumed, including foodservice, which some industry observers say would boost demand for...

Ildex Vietnam Day 3 – Highlights

The success of Ildex Vietnam signals market recovery. Read some of the highlights below. Marel sees room for growth in Vietnam While the meat processing sector...

Global meat prices fall amid weak import demand

The FAO meat price index fell 0.5% in July from June due to weakening import demand for bovine, ovine, and pig meats. The drop...

Demand contracts as prices rise with the mercury

Battling rising food prices seems to be the order of the day for governments globally. Even though Asia is said to be somewhat shielded,...

Low demand keeps Indian pork prices stable

While other meat prices are fluctuating, pork prices have remained stable in India. Angona Paul, owner of catering company Pig Boss in Calcutta, told...

High costs discourage Cambodian fish farmers

Higher costs amid weak demand are causing Cambodian fish farmers to put their production plans on hold. If the situation persists, it can lead...

China’s strict Covid-19 measures depress beef demand

In Q2 2022, China adopted stricter measures, including lockdowns in some big cities to combat Covid-19, impacting the foodservice sector, with March sales down...

Seafood demand ticking upwards

The seafood industry in Asia is seeing recovery following restrictions during the pandemic, driven by growing demand for value-added seafood in the US, EU,...

Cambodia’s feed demand rises on pig herd recovery

Cambodia's feed demand is expected to rise as its pig herd has recovered from ASF. After losing 30% of its inventory to the virus...

Indonesian poultry companies to profit from high demand

Listed poultry companies in Indonesia are expected to book profits this year as demand for chicken meat rises. Daniel Agustinus, Director at financial advisory...

Chicken demand to raise corn consumption in Malaysia

Corn consumption is set to increase in Malaysia in 2022/23, says the USDA, as demand for the grain in chicken feed increases. The reopening...

China’s pork imports start 2022 with a 49% plunge

China’s pork imports in the first two months of 2022 plunged 49% year-on-year to 450,000 tons, a report by Rabobank said. It attributed the...

Philippine feed wheat demand to fall on higher prices

The USDA forecasts Philippine feed wheat demand for 2022/23 to reach 2.4mt, down 300,000 tons from the previous year. Among the reasons are the...

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