Product Differentiation, Sanitary Barriers, and Arbitrage in World Poultry Markets
World poultry markets are one of the most rapidly growing sectors of the food industry. Poultry production rose from 11 million tons in 1965 to over 63 million tons in 1999. Consumption increases have exceeded population growth, with world per capita supplies of poultry meat tripling from 3.3 kilograms in 1965 to 9.9 kilograms in 1997. International trade has more than kept pace with this industry growth. World exports of poultry meat rose from 375,000 tons in 1965 to 6.4 million tons in 1999. Trade now accounts for about 10 percent of world consumption.
KeywordsEuropean Union Avian Influenza World Trade Organization Highly Pathogenic Avian Influenza Poultry Product
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