Recent Release|15 December 2021
Impact of COVID-19 on the red meat processing industry
Economic Consulting Team
Oxford Economics
The report stated that the industry not only dealt with the pandemic within processing plants themselves, but it also dealt with logistical and labour supply shocks. The skill and flexibility of the meat processing industry was a contributing factor for the pandemic creating only modest impacts on industry revenues.
The report – Impact of Covid-19 on the red meat processing industry – made a number of findings that indicate a strong and resilient sector. The report found that while the broader industry took an estimated 3% hit to national revenue during the most severe period of COVID-19 impact (April to September 2020), processors performed well. On the ground, they demonstrated skill and flexibility in managing logistical and workforce disruptions to maintain supplies to domestic and international markets.
About the team
Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. The lead consultant on this project was:
Andrew TesslerHead of Economic Impact Consulting, Australasia, OE Australia
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