Burundi: Beef Market 2020

Beef Market Size in Burundi

The revenue of the beef market in Burundi amounted to $X in 2018, growing by X% against the previous year. In general, beef consumption continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2015 when the market value increased by X% y-o-y. In that year, the beef market reached its peak level of $X. From 2016 to 2018, the growth of the beef market failed to regain its momentum.

Beef Production in Burundi

In value terms, beef production amounted to $X in 2018 estimated in export prices. Over the period under review, beef production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when production volume increased by X% against the previous year. In that year, beef production attained its peak level of $X. From 2016 to 2018, beef production growth failed to regain its momentum.

Beef Exports

Exports from Burundi

In 2018, the amount of beef (cattle meat) exported from Burundi totaled X kg, standing approx. at the previous year. In general, beef exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. In that year, beef exports reached their peak of X tons. From 2015 to 2018, the growth of beef exports remained at a somewhat lower figure.

In value terms, beef exports amounted to $X in 2018. Overall, beef exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, beef exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

The exports of the four major exporters of beef (cattle meat), namely Brazil, India, Australia and the U.S., represented more than third of total export. It was distantly followed by the Netherlands (X tons), constituting a X% share of total exports. New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (X tons) took a little 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 India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Burundi, which together accounted for a further X experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the beef export price in Burundi amounted to $X per ton, remaining stable against the previous year. Overall, the beef export price continues to indicate a dramatic reduction. Burundi export price peaked at $X per ton in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while India ($X per ton) was amongst the lowest.

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

Beef Imports

Imports into Burundi

In 2018, the beef imports into Burundi totaled X tons, falling by -X% against the previous year. Over the period under review, beef imports continue to indicate a sharp setback. The growth pace was the most rapid in 2014 with a decrease of -X% y-o-y. Burundi imports peaked at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, beef imports amounted to $X in 2018. In general, beef imports continue to indicate a precipitous deduction. The most prominent rate of growth was recorded in 2014 when imports decreased by -X% against the previous year. Burundi imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons) were the largest importers of beef (cattle meat) in the world, generating 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 Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest beef importing markets into Burundi were the U.S. ($X), Japan ($X) and China ($X), together accounting for X% of total imports. South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Burundi lagged somewhat behind, together accounting for a further X terms of the main importing countries, Vietnam recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beef import price in Burundi stood at $X per ton in 2018, waning by -X% against the previous year. Over the period under review, the beef import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2009 an increase of X% year-to-year. Over the period under review, the import prices for beef (cattle meat) attained their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform