Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities

In the weeks following Russia’s invasion of Ukraine in late February 2022, several countries imposed export restrictions — including licensing requirements, taxes, and some outright bans — on a variety of feed and food products. These measures helped to fuel war-related disruptions in global markets...

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Detalles Bibliográficos
Autores principales: Glauber, Joseph W., Laborde Debucquet, David, Mamun, Abdullah
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2023
Materias:
Acceso en línea:https://hdl.handle.net/10568/140077
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author Glauber, Joseph W.
Laborde Debucquet, David
Mamun, Abdullah
author_browse Glauber, Joseph W.
Laborde Debucquet, David
Mamun, Abdullah
author_facet Glauber, Joseph W.
Laborde Debucquet, David
Mamun, Abdullah
author_sort Glauber, Joseph W.
collection Repository of Agricultural Research Outputs (CGSpace)
description In the weeks following Russia’s invasion of Ukraine in late February 2022, several countries imposed export restrictions — including licensing requirements, taxes, and some outright bans — on a variety of feed and food products. These measures helped to fuel war-related disruptions in global markets and contributed to higher prices and increased price volatility. At the peak of the export restriction trend in late May, almost 17% of global food and feed exports (on a caloric basis) were affected (Figure 1) by measures implemented by 23 countries (numbers similar to those reached during the 2007/08 food price crisis: By the end of April 2008, 19 countries had imposed export restrictions, impacting 15.3% of global trade of calories). After May, many countries partially rolled back the measures: By mid-July, the amount of affected trade had fallen to 7.3%, and largely remained at that level over the rest of 2022, though the mix of affected products changed somewhat over the second half of the year. In this post, we examine the impacts of these restrictive trade measures on prices, supplies, and other indicators. While the pressures that led to the export restrictions have significantly eased and prices of key food commodities have mostly fallen to pre-war levels, the war continues and markets remain volatile, signaling continuing uncertainty and raising concerns that countries could impose restrictions in the future.
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spelling CGSpace1400772025-11-06T03:57:54Z Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities Glauber, Joseph W. Laborde Debucquet, David Mamun, Abdullah shock policies war coronavirus covid-19 commodities trade barriers agriculture markets trade coronavirinae russia food security ukraine conflicts coronavirus disease prices climate change In the weeks following Russia’s invasion of Ukraine in late February 2022, several countries imposed export restrictions — including licensing requirements, taxes, and some outright bans — on a variety of feed and food products. These measures helped to fuel war-related disruptions in global markets and contributed to higher prices and increased price volatility. At the peak of the export restriction trend in late May, almost 17% of global food and feed exports (on a caloric basis) were affected (Figure 1) by measures implemented by 23 countries (numbers similar to those reached during the 2007/08 food price crisis: By the end of April 2008, 19 countries had imposed export restrictions, impacting 15.3% of global trade of calories). After May, many countries partially rolled back the measures: By mid-July, the amount of affected trade had fallen to 7.3%, and largely remained at that level over the rest of 2022, though the mix of affected products changed somewhat over the second half of the year. In this post, we examine the impacts of these restrictive trade measures on prices, supplies, and other indicators. While the pressures that led to the export restrictions have significantly eased and prices of key food commodities have mostly fallen to pre-war levels, the war continues and markets remain volatile, signaling continuing uncertainty and raising concerns that countries could impose restrictions in the future. 2023-07-11 2024-03-14T12:08:53Z 2024-03-14T12:08:53Z Book Chapter https://hdl.handle.net/10568/140077 en https://doi.org/10.2499/9780896294394 https://www.ifpri.org/blog/food-export-restrictions-have-eased-russia-ukraine-war-continues-concerns-remain-key Open Access application/pdf International Food Policy Research Institute Glauber, Joseph W.; Laborde Debucquet, David; and Mamun, Abdullah. 2023. Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities. In The Russia-Ukraine Conflict and Global Food Security, eds. Joseph Glauber and David Laborde. Section Three: Trade policy responses and mitigation options, Chapter 19, Pp. 97-102. https://doi.org/10.2499/9780896294394_19.
spellingShingle shock
policies
war
coronavirus
covid-19
commodities
trade barriers
agriculture
markets
trade
coronavirinae
russia
food security
ukraine
conflicts
coronavirus disease
prices
climate change
Glauber, Joseph W.
Laborde Debucquet, David
Mamun, Abdullah
Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities
title Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities
title_full Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities
title_fullStr Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities
title_full_unstemmed Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities
title_short Food export restrictions have eased as the Russia-Ukraine war continues, but concerns remain for key commodities
title_sort food export restrictions have eased as the russia ukraine war continues but concerns remain for key commodities
topic shock
policies
war
coronavirus
covid-19
commodities
trade barriers
agriculture
markets
trade
coronavirinae
russia
food security
ukraine
conflicts
coronavirus disease
prices
climate change
url https://hdl.handle.net/10568/140077
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AT mamunabdullah foodexportrestrictionshaveeasedastherussiaukrainewarcontinuesbutconcernsremainforkeycommodities