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World - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Article Publishing Date: Nov 14, 2023

World's Best Import Markets for Beef

Beef is one of the most widely consumed meats globally, and the demand for high-quality beef continues to grow. As a result, the international beef trade plays a crucial role in meeting this demand and providing consumers with a diverse range of beef products. In this article, we will explore the world's best import markets for beef, examining the key statistics and figures sourced from the IndexBox market intelligence platform.

1. China: A Meat-Loving Giant

China has emerged as the leading import market for beef, with an import value of 17.8 billion USD in 2022. The rising disposable incomes and changing dietary preferences of Chinese consumers have contributed to the growing demand for beef in the country. Additionally, the increasing urbanization and Westernization of Chinese diets have also played a significant role in this trend.

2. United States: A Dominant Force

The United States ranks second in terms of beef imports, with an import value of 7.7 billion USD in 2022. Despite being a leading producer and exporter of beef, the U.S. also imports a significant amount to meet the demand for certain cuts and specialties. It is worth noting that the U.S. imports a considerable amount of beef from neighboring countries, such as Canada and Mexico, due to their geographical proximity.

3. South Korea: A Growing Market

South Korea is another important market for beef imports, with an import value of 4.2 billion USD in 2022. The country has experienced a surge in beef consumption, driven by changing dietary habits and increasing affluence. South Korean consumers have developed a taste for premium beef cuts, leading to a rise in imports from countries known for their high-quality beef, such as Australia and the United States.

4. Japan: A Traditional Market

Japan remains a significant player in the global beef import market, with an import value of 3.7 billion USD in 2022. Despite being a traditional market for beef, Japan has been facing challenges in maintaining its domestic production due to an aging farming population and limited land availability. As a result, the country heavily relies on imports to meet the demand for beef, especially high-quality Wagyu beef.

5. Netherlands: A European Hub

The Netherlands has established itself as a key import market for beef, with an import value of 2.5 billion USD in 2022. The country acts as a distribution hub for beef in Europe due to its central location and efficient logistics infrastructure. Additionally, the Netherlands is known for its high-quality beef processing industry, making it an attractive destination for imported beef.

6. Italy: A Culinary Delight

Italian cuisine is renowned for its delicious meat dishes, and beef plays a significant role in traditional Italian recipes. Italy imports around 2.5 billion USD worth of beef, sourcing both premium cuts and lower-grade meat for various culinary purposes. The country's love for beef, especially in dishes like Bistecca alla Fiorentina, drives its import market.

7. Germany: Meeting Growing Demand

Germany is a leading player in the European beef import market, with an import value of 2.5 billion USD in 2022. The country has witnessed a steady rise in beef consumption, especially due to the influence of international cuisines and changing dietary preferences. German consumers rely on imports to meet the growing demand for beef, particularly for niche and specialty products.

8. France: A Gastronomic Paradise

France is renowned worldwide for its gastronomy and culinary traditions, and beef holds a special place in French cuisine. The country imports around 2.0 billion USD worth of beef, allowing French consumers to enjoy a diverse range of beef products from different regions. The demand for premium cuts and specialty beef items drives the import market in France.

9. United Kingdom: A Beef-Loving Nation

The United Kingdom is known for its love of beef, and it imports approximately 1.5 billion USD worth of beef products. Despite being a significant producer and exporter of beef, the UK imports certain cuts and specialty items to meet the demand of its discerning consumers. The import market in the UK primarily caters to the diverse needs of its population.

10. Chile: South America's Beef Powerhouse

Chile has emerged as a prominent player in South America's beef export market, with an import value of 1.5 billion USD in 2022. The country is known for its extensive cattle ranching and production capabilities, allowing it to export high-quality beef to various international markets. Chilean beef is valued for its taste, tenderness, and sustainability, making it a sought-after choice in the global import market.

In conclusion, the world's best import markets for beef are diverse and reflect the changing dietary preferences and culinary traditions of different countries. China leads the pack with its soaring demand for beef, while the United States remains a dominant force despite being a significant beef producer. Countries like South Korea, Japan, the Netherlands, Italy, Germany, France, the United Kingdom, and Chile also play crucial roles in the global beef import market, offering consumers access to a wide range of beef products from different regions. For detailed and up-to-date information on the beef import market, the IndexBox market intelligence platform provides valuable insights and data.

Source: IndexBox Market Intelligence 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 2030.

Product coverage:

  • FCL 947 - Buffalo meat
  • FCL 867 - Meat of cattle

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

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

Company coverage:

Tyson Foods, Cargill, Jbs Sa, Marfrig Global Foods Sa, Seaboard, Smithfield, Wh Group, Macelleria Salumificio Di Bruno Piccolo, Lemex Ph, Prime Food Llc, Agaras, Frigorifico Andino S.A, Grand Food B.V., Maria Trading Srl, Rastelli Europe, Jsc Brest Meat Packing Plant, Gtek Foods Ltd, Seara Frozen Foods, Samcom AS SRL Romania, Skare Beef Production Aps, Iniciativas Comerciales Dadyma Sl, Almameat, Carpathian Beef, Zemljoradnicka Zadruga Trlic

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

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. PRODUCING ANIMALS AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Producing Animals, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Producing Animals, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Producing Animals, By Country, 2023
    25. Producing Animals, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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