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World - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights

  • ID: 4701136
  • Report
  • March 2020
  • Region: Global
  • IndexBox Inc.
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Beef Production Stood at $392.3Bn in 2018 Estimated in Export Prices.

The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.2% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period.

The most prominent rate of growth was recorded in 2008 with an increase of 11% year-to-year. Global beef consumption peaked in 2018 and is expected to retain its growth in the near future.

Production 2007-2018

In 2018, approx. 70M tonnes of beef (cattle meat) were produced worldwide; flattening at the previous year. In general, beef production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when Production Volume increased by 1.8% against the previous year. Over the period under review, global beef production reached its peak figure volume in 2018 and is likely to continue its growth in the immediate term. The general positive trend in terms of beef output was largely conditioned by a relatively flat trend pattern of the number of producing animals and a relatively flat trend pattern in yield figures.

In value terms, beef production stood at $392.3B in 2018 estimated in export prices. The total output value increased at an average annual rate of +4.3% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of 19% y-o-y. Global beef production peaked in 2018 and is likely to see steady growth in the immediate term.

Exports by Country

In 2018, Brazil (1.3M tonnes), followed by Australia (857K tonnes), the U.S. (691K tonnes), New Zealand (436K tonnes), Ireland (410K tonnes), the Netherlands (383K tonnes) and Argentina (367K tonnes) were the major exporters of beef (cattle meat), together mixing up 55% of total exports. Canada (345K tonnes), India (337K tonnes), Poland (325K tonnes), Uruguay (283K tonnes) and Germany (266K tonnes) took a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other global leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were Brazil ($5.3B), the U.S. ($4.8B) and Australia ($4.7B), together comprising 36% of global exports. Ireland, the Netherlands, New Zealand, Argentina, Canada, Uruguay, Poland, Germany and India lagged somewhat behind, together comprising a further 40%.

In terms of the main exporting countries, Poland experienced the highest rates of growth with regard to exports, over the last eleven year period, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average beef export price amounted to $5,052 per tonne, leveling off at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2008 when the average export price increased by 20% year-to-year. Over the period under review, the average export prices for beef (cattle meat) attained their maximum at $5,370 per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average Export Price prices amongst the major exporting countries. In 2018, the country with the highest Export Price price was the U.S. ($6,894 per tonne), while India ($3,448 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of Export Price prices was attained by India, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, the global imports of beef (cattle meat) stood at 9.5M tonnes, increasing by 4.3% against the previous year. The total import volume increased at an average annual rate of +2.3% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 7.4% year-to-year. Global imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, beef imports totaled $47.3B in 2018. Overall, the total imports indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +2.3% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the beef imports increased by +15.4% against 2016 indices. The most prominent rate of growth was recorded in 2011 when Imports increased by 16% year-to-year. Over the period under review, global beef imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, China (1M tonnes), the U.S. (912K tonnes), Viet Nam (619K tonnes), Japan (610K tonnes), South Korea (442K tonnes), China, Hong Kong SAR (439K tonnes), Italy (386K tonnes), Germany (367K tonnes), Russia (359K tonnes), the Netherlands (356K tonnes), the UK (294K tonnes) and France (247K tonnes) represented the largest importers of beef (cattle meat) in the world, mixing up 64% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other global leaders experienced more modest paces of growth.

In value terms, the largest beef importing markets worldwide were the U.S. ($5B), China ($4.7B) and Japan ($3.5B), together accounting for 28% of global imports.

China recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average beef import price amounted to $4,996 per tonne, increasing by 2.2% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2008 an increase of 18% year-to-year. Global import price peaked at $5,104 per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average Import Price prices amongst the major importing countries. In 2018, the country with the highest Import Price price was South Korea ($6,415 per tonne), while Viet Nam ($3,258 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of Import Price prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in World, split by region and country
  • Trade (exports and imports) in World
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion

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1. Introduction
Making Data-Driven Decisions To Grow Your Business
1.1 Report Description
1.2 Research Methodology And Ai Platform
1.3 Data-Driven Decisions For Your Business
1.4 Glossary And Specific Terms

2. Executive Summary
A Quick Overview Of Market Performance
2.1 Key Findings
2.2 Market Trends

3. Market Overview
Understanding The Current State Of The Market And Its Prospects
3.1 Market Size
3.2 Consumption By Country
3.3 Market Forecast To 2025

4. Most Promising Products
Finding New Products To Diversify Your Business

4.1 Top Products To Diversify Your Business
4.2 Best-Selling Products Worldwide
4.3 Most Consumed Product Worldwide
4.4 Most Traded Product
4.5 Most Profitable Product For Export

5. Most Promising Supplying Countries
Choosing The Best Countries To Establish Your Sustainable Supply Chain

5.1 Top Countries To Source Your Product
5.2 Top Producing Countries
5.3 Countries With Top Yields
5.4 Top Exporting Countries
5.5 Low-Cost Exporting Countries

6. Most Promising Overseas Markets
Choosing The Best Countries To Boost Your Exports

6.1 Top Overseas Markets For Exporting Your Product
6.2 Top Consuming Markets
6.3 Unsaturated Markets
6.4 Top Importing Markets
6.5 Most Profitable Markets

7. Global Production
The Latest Trends And Insights Into The Industry
7.1 Production Volume And Value
7.2 Production By Country
7.3 Producing Animals And Yield By Country

8. Global Imports
The Largest Importers On The Market And How They Succeed
8.1 Imports From 2007-2017
8.2 Imports By Country
8.3 Import Prices By Country

9. Global Exports
The Largest Exporters On The Market And How They Succeed
9.1 Exports From 2007-2017
9.2 Exports By Country
9.3 Export Prices By Country

10. Prices And Price Development
The Best Market Prices And Their Trend Patterns
10.1 Producer Prices
10.2 Producer Prices Index

11. Profiles Of Major Producers
The Largest Producers On The Market And Their Profiles

12. Country Profiles
The Largest Markets And Their Profiles

List Of Tables
Table 1: Key Findings In 2017
Table 2: Market Volume, In Physical Terms, 2007-2017
Table 3: Market Value, 2007-2017
Table 4: Per Capita Consumption, By Country, 2015-2017
Table 5: Production, In Physical Terms, By Country, 2007-2017
Table 6: Producing Animals, By Country, 2007-2017
Table 7: Yield, By Country, 2007-2017
Table 8: Imports, In Physical Terms, By Country, 2007-2017
Table 9: Imports, In Value Terms, By Country, 2007-2017
Table 10: Import Prices, By Country Of Destination, 2007-2017
Table 11: Exports, In Physical Terms, By Country, 2007-2017
Table 12: Exports, In Value Terms, By Country, 2007-2017
Table 13: Export Prices, By Country Of Origin, 2007-2017
Table 14: Producer Prices, By Major Producing Country, 2017
Table 15: Producer Prices Index - Annual Data (2004-2006 = 100), By Major Producing Country

List Of Figures
Figure 1: Market Volume, In Physical Terms, 2007-2017
Figure 2: Market Value, 2007-2017
Figure 3: Consumption, By Country, 2017
Figure 4: Market Forecast To 2025
Figure 5: Products: Market Size And Growth, By Type
Figure 6: Products: Average Per Capita Consumption, By Type
Figure 7: Products: Exports And Growth, By Type
Figure 8: Products: Export Prices And Growth, By Type
Figure 9: Production Volume And Growth
Figure 10: Yield And Growth
Figure 11: Exports And Growth
Figure 12: Export Prices And Growth
Figure 13: Market Size And Growth
Figure 14: Per Capita Consumption
Figure 15: Imports And Growth
Figure 16: Import Prices
Figure 17: Production, In Physical Terms, 2007-2017
Figure 18: Production, In Value Terms, 2007-2017
Figure 19: Producing Animals, 2007-2017
Figure 20: Yield, 2007-2017
Figure 21: Production, By Country, 2017
Figure 22: Production, In Physical Terms, By Country, 2007-2017
Figure 23: Producing Animals, By Country, 2017
Figure 24: Producing Animals, By Country, 2007-2017
Figure 25: Yield, By Country, 2007-2017
Figure 26: Imports, In Physical Terms, 2007-2017
Figure 27: Imports, In Value Terms, 2007-2017
Figure 28: Imports, In Physical Terms, By Country, 2017
Figure 29: Imports, In Physical Terms, By Country, 2007-2017
Figure 30: Imports, In Value Terms, By Country, 2007-2017
Figure 31: Import Prices, By Country, 2007-2017
Figure 32: Exports, In Physical Terms, 2007-2017
Figure 33: Exports, In Value Terms, 2007-2017
Figure 34: Exports, In Physical Terms, By Country, 2017
Figure 35: Exports, In Physical Terms, By Country, 2007-2017
Figure 36: Exports, In Value Terms, By Country, 2007-2017
Figure 37: Export Prices, 2007-2017

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  • USA
  • China
  • Japan
  • Germany
  • United Kingdom
  • France
  • Brazil
  • Italy
  • Russian Federation
  • India
  • Canada
  • Australia
  • Republic of Korea
  • Spain
  • Mexico
  • Indonesia
  • Netherlands
  • Turkey
  • Saudi Arabia
  • Switzerland
  • Sweden
  • Nigeria
  • Poland
  • Belgium
  • Argentina
  • Norway
  • Austria
  • Thailand
  • United Arab Emirates
  • Colombia
  • Denmark
  • South Africa
  • Malaysia
  • Israel
  • Singapore
  • Egypt
  • Philippines
  • Finland
  • Chile
  • Ireland
  • Pakistan
  • Greece
  • Portugal
  • Kazakhstan
  • Algeria
  • Czech Republic
  • Qatar
  • Peru
  • Romania
  • Vietnam
  • + the largest producing countries
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