Report Update Apr 1, 2024

Northern America - Beef and Veal - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Beef Market 2020

Beef Market Size in Northern America

The revenue of the beef market in Northern America amounted to $-X in 2017, jumping by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2017, when market value increased by X% against the previous year. Over the period under review, the beef market attained its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Beef Production in Northern America

In 2017, beef production in Northern America stood at X tons, approximately mirroring the previous year. The beef production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% y-o-y. Over the period under review, the beef production reached its maximum volume in 2017, and is likely to continue its growth in the near future. 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.

The U.S. (X tons) remains the largest beef producing country in Northern America, comprising approx. X% of total production.

In the U.S., beef production remained relatively stable over the period from 2007-2017.

Beef Exports in Northern America

In 2017, approx. X tons of beef (cattle meat) were exported in Northern America; increasing by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. Over the period under review, the beef exports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, beef exports totaled $X in 2017. The beef exports continue to indicate a prominent increase. Over the period under review, the beef exports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Beef Exports by Country in Northern America

The countries with the highest levels of beef exports in 2017 were the U.S. (X tons), together amounting to X% of total export.

The U.S. was also the fastest growing in terms of the beef (cattle meat) exports, with a CAGR of +X% from 2007 to 2017. While the share of the U.S. (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest beef supplier in Northern America.

In the U.S., beef exports increased at an average annual rate of +X% over the period from 2007-2017.

Beef Export Prices by Country in Northern America

The beef export price in Northern America stood at $X per ton in 2017, jumping by X% against the previous year. The export price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef export price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2008, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year).

Beef Imports in Northern America

In 2017, the amount of beef (cattle meat) imported in Northern America totaled X tons, declining by -X% against the previous year. The beef imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when it surged by X% year-to-year. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, beef imports stood at $X in 2017. The beef imports continue to indicate a strong growth. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Beef Imports by Country in Northern America

The imports of the one major importers of beef (cattle meat), namely the U.S., represented more than two-thirds of total import.

The U.S. experienced a relatively flat trend pattern of beef (cattle meat) imports. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported beef (cattle meat) in Northern America.

In the U.S., beef imports expanded at an average annual rate of +X% over the period from 2007-2017.

Beef Import Prices by Country in Northern America

In 2017, the beef import price in Northern America amounted to $X per ton, increasing by X% against the previous year. The import price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% y-o-y. The level of import price peaked of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by import prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

Source: IndexBox Platform

This report provides an in-depth analysis of the beef market in Northern America. 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 867 - Meat of cattle

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. 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. 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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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
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