
World - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
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Global Beef Market 2019 - Rising Demand in China Boosts Imports Up, Securing New Opportunities for Foreign Suppliers
IndexBox has just published a new report: 'World - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
The global beef market revenue amounted to $X in 2018, growing by X% 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 +X% 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 X% 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. X 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 X% 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 $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% 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 X% y-o-y. Global beef production peaked in 2018 and is likely to see steady growth in the immediate term.
Exports 2007-2018
In 2018, approx. X tonnes of beef (cattle meat) were exported worldwide; approximately equating the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, global beef exports attained their peak figure at X tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.
In value terms, beef exports amounted to $X in 2018. In general, the total exports indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% 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 exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, global beef exports attained their maximum at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.
Exports by Country
In 2018, Brazil (X tonnes), followed by Australia (X tonnes), the U.S. (X tonnes), New Zealand (X tonnes), Ireland (X tonnes), the Netherlands (X tonnes) and Argentina (X tonnes) were the major exporters of beef (cattle meat), together mixing up X% of total exports. Canada (X tonnes), India (X tonnes), Poland (X tonnes), Uruguay (X tonnes) and Germany (X tonnes) took a relatively small share of total exports.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other global leaders experienced more modest paces of growth.
In value terms, the largest beef markets worldwide were Brazil ($X), the U.S. ($X) and Australia ($X), together comprising X% of global exports. Ireland, the Netherlands, New Zealand, Argentina, Canada, Uruguay, Poland, Germany and India lagged somewhat behind, together comprising a further X%.
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 $X per tonne, leveling off at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for beef (cattle meat) attained their maximum at $X per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.
There were significant differences in the average Export Price prices amongst the major exporting countries. In 2018, the country with the highest Export Price price was the U.S. ($X per tonne), while India ($X 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 X tonnes, increasing by X% against the previous year. The total import volume increased at an average annual rate of +X% 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 X% 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 $X in 2018. Overall, the total imports indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the beef imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when Imports increased by X% year-to-year. Over the period under review, global beef imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.
Imports by Country
In 2018, China (X tonnes), the U.S. (X tonnes), Vietnam (X tonnes), Japan (X tonnes), South Korea (X tonnes), China, Hong Kong SAR (X tonnes), Italy (X tonnes), Germany (X tonnes), Russia (X tonnes), the Netherlands (X tonnes), the UK (X tonnes) and France (X tonnes) represented the largest importers of beef (cattle meat) in the world, mixing up X% of total import.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other global leaders experienced more modest paces of growth.
In value terms, the largest beef importing markets worldwide were the U.S. ($X), China ($X) and Japan ($X), together accounting for X% 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 $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Global import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.
There were significant differences in the average Import Price prices amongst the major importing countries. In 2018, the country with the highest Import Price price was South Korea ($X per tonne), while Vietnam ($X 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.
Source: IndexBox Platform
This report provides an in-depth analysis of the global beef market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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