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III. ASF scenario






           III.2. Results
           Summary:
           In the ASF case, the simulation reveals that    Figure 6. Expected global market developments further to an ASF outbreak
           world market prices are expected to be          (2018-2030)
           around 7.1% and 12.9% above the baseline
           level in 2019 and 2020. This price difference
           will be narrowing over the coming years,
           with prices eventually coming back to
           baseline levels by 2028. With regard to
           global supply (being equal to global
           demand), considerable decreases are
           expected in 2019 and 2020 (-7.1% and -
           14.7% respectively). These declines will be
           followed by some recovery that will bring
           supply, and therefore demand, close to
           baseline levels by 2024 (still around -0.4%
           below the baseline). 3






           3  Figures 7-10 only report results for the projected period
           since there is no difference between the baseline and
           scenario results for the historical period (prior to 2018).


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