Demographic Shifts and Potential Food Trade Impacts: A case of ASEAN food export

Wanissa Suanin and Panit Wattanakoon ()

No 78, Discussion Papers from Thammasat University, Faculty of Economics

Abstract: Despite the declining fertility rates, demographic changes are anticipated to increase the world's population over the next several decades. Due to this shift, elderly people will outnumber younger ones. Because of age-related dietary preferences and food production efficiency, population demographics may have an impact on food trade patterns. The study uses structural gravity analysis to investigate the impact of demographic shifts on ASEAN food exports. The findings indicate that global population growth influences demand for ASEAN food exports. However, import demand is dwindling with age, particularly in developed countries and the European Union (EU). In contrast, the United States and China are prospective markets for ASEAN food exporters. These also apply to healthy food exports. A demographic shift toward an aging population also boosts ASEAN's export capacity.

Keywords: Food trade; Healthy food; Demographic shifts; ASEAN (search for similar items in EconPapers)
JEL-codes: F10 F14 Q18 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2023-10, Revised 2023-10
New Economics Papers: this item is included in nep-age, nep-agr, nep-int and nep-sea
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Published in Econ TU Discussion Paper No.78, October 2023, pages 1-27

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Persistent link: https://EconPapers.repec.org/RePEc:tha:wpaper:78

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