{"title":"Assessing the Impacts of Maritime Freight Rates on Global Beef Trade","authors":"Md Deluair Hossen, Andrew Muhammad","doi":"10.1002/agr.22030","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>In this study, we examine the impact of container freight rates on global beef import demand by source. We address key questions about the effects of rising freight rates on major beef exporters such as Australia, the United States, and Brazil. Our estimates reveal varying global price and import demand effects, with significant declines in trade volume when freight rates double. The global import demand for beef from major exporters decreases by 7% (Ireland) to 27.6% (Uruguay), underscoring the critical role of transportation costs in shaping international beef trade. Countries like Argentina, Australia, Canada, New Zealand, and Uruguay experience more than a 20% decrease in global import demand with a doubling of freight rates. Interestingly, despite the proximity of the United States to major markets like China, Japan, and South Korea, beef imports from Brazil and Australia are more impacted by freight rates than U.S. beef.</p>\n </div>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"42 4","pages":"1891-1901"},"PeriodicalIF":2.4000,"publicationDate":"2026-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Agribusiness","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/agr.22030","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2025/2/9 0:00:00","PubModel":"Epub","JCR":"Q2","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
引用次数: 0
Abstract
In this study, we examine the impact of container freight rates on global beef import demand by source. We address key questions about the effects of rising freight rates on major beef exporters such as Australia, the United States, and Brazil. Our estimates reveal varying global price and import demand effects, with significant declines in trade volume when freight rates double. The global import demand for beef from major exporters decreases by 7% (Ireland) to 27.6% (Uruguay), underscoring the critical role of transportation costs in shaping international beef trade. Countries like Argentina, Australia, Canada, New Zealand, and Uruguay experience more than a 20% decrease in global import demand with a doubling of freight rates. Interestingly, despite the proximity of the United States to major markets like China, Japan, and South Korea, beef imports from Brazil and Australia are more impacted by freight rates than U.S. beef.
期刊介绍：
Agribusiness: An International Journal publishes research that improves our understanding of how food systems work, how they are evolving, and how public and/or private actions affect the performance of the global agro-industrial complex. The journal focuses on the application of economic analysis to the organization and performance of firms and markets in industrial food systems. Subject matter areas include supply and demand analysis, industrial organization analysis, price and trade analysis, marketing, finance, and public policy analysis. International, cross-country comparative, and within-country studies are welcome. To facilitate research the journal’s Forum section, on an intermittent basis, offers commentary and reports on business policy issues.
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