Resources futures – The new political Economy of resources

– Growth and changing lifestyles in the emerging economies mean that demand for meat is likely to increase by a further 20% this decade. We now consume about 17kg of fish per capita each year.

– China, India and Brazil account for about 30% of global timber consumption. Worldwide, wood pellet demand increased 400% in the past decade, for use as a fuel.

– In 2006, non-OECD outstripped OECD in fossil energy demand. Since 2010, China accounted for 83% of global demand growth coal and 50% of petroleum.

– Metals markets have reconfigured around China. It now consumes nearly half of global demand for steel, mostly for infrastructure and construction and for manufacturing.

NEW  INTERDEPENDENCIES

– Emerging economies like India and China are now the most important customers for oilseed exporters such as Malaysia and Indonesia (palm oil) or Brazil and Argentina (soybeans). 2000

– Emerging economies like India and China are now the most important customers for oilseed exporters such as Malaysia and Indonesia (palm oil) or Brazil and Argentina (soybeans).2010

 

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