
U.S. - Beef and Veal - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Beef Market 2020
Beef Market Size in the USA
The revenue of the beef market in the U.S. amounted to $X in 2017, waning by -X% against the previous year. In general, beef consumption continues to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. Over the period under review, the beef market attained its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.
Beef Production in the USA
In 2017, approx. X tonnes of beef (cattle meat) were produced in the U.S.; stabilizing 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 2008, with an increase of X% year-to-year. The U.S. beef production peaked in 2017, and is likely to continue its growth in the near future. Beef output in the U.S. indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a relatively flat trend pattern in yield figures.
In 2017, average beef yield in the U.S. totaled X kg per head, coming down by -X% against the previous year. Overall, beef yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. In that year, the beef yield reached their peak level of X kg per head. From 2015 to 2017, growth of the beef yield failed to regain its momentum.
The number of animals slaughtered for beef production in the U.S. stood at X head in 2017, dropping by -X% against the previous year. Overall, beef producing animals continues to indicate a mild deduction. The pace of growth was the most pronounced in 2016, when the number of producing animals increased by X% year-to-year. The U.S. beef producing animals peaked of X heads in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.
Beef Exports in the USA
In 2017, approx. X tonnes of beef (cattle meat) were exported from the U.S.; going up by X% against the previous year. In general, the total exports indicated a strong growth from 2007 to 2017: its volume 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 exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. Over the period under review, the beef exports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.
In value terms, beef exports stood at $X in 2017. In general, beef exports continue to indicate a strong increase. Over the period under review, the beef exports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.
Beef Exports by Country in the USA
The exports of the four major exporters of beef (cattle meat), namely India, Brazil, Australia and the U.S., represented more than half of total export. The Netherlands (X tonnes), New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Paraguay (X tonnes), Canada (X tonnes), Uruguay (X tonnes) and Argentina (X tonnes) took the weak share of total exports.
From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, the largest beef markets worldwide were the U.S. ($X), Australia ($X) and Brazil ($X), with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina and Paraguay lagged somewhat behind, together accounting for a further X%.
India (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.
Beef Export Prices by Country in the USA
In 2017, the beef export price in the U.S. amounted to $X per tonne, picking up by X% against the previous year. Overall, the export price indicated a prominent expansion 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 most prominent rate of growth was recorded in 2012, when the export prices increased by X% y-o-y. The U.S. export price peaked of $X per tonne in 2014; however, from 2015 to 2017, it failed to regain its momentum.
Export prices varied noticeably by the country of destination; the country with the highest export price was the Netherlands ($X per tonne), while India ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Uruguay (+X% per year), while the other leaders experienced more modest paces of growth.
Beef Imports in the USA
In 2017, approx. X tonnes of beef (cattle meat) were imported into the U.S.; reducing by -X% against the previous year. Overall, beef imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when imports increased by X% against the previous year. Over the period under review, the beef imports attained its maximum volume of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.
In value terms, beef imports totaled $X in 2017. In general, beef imports continue to indicate a remarkable increase. Over the period under review, the beef imports attained its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.
Beef Imports by Country in the USA
In 2017, the U.S. (X tonnes), Vietnam (X tonnes), China (X tonnes), Japan (X tonnes), China, Hong Kong SAR (X tonnes), Italy (X tonnes), South Korea (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Egypt (X tonnes), Russia (X tonnes) and the UK (X tonnes) were the major importers of beef (cattle meat) in the world, achieving X% of total import.
From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, the largest beef markets worldwide were the U.S. ($X), China ($X) and Japan ($X), together comprising X% of total imports. These countries were followed by Vietnam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia and Egypt, which together accounted for a further X%.
Among the main importing countries , Vietnam (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.
Beef Import Prices by Country in the USA
The beef import price in the U.S. stood at $X per tonne in 2017, jumping by X% against the previous year. In general, the import price indicated a remarkable 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 import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The U.S. import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.
Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
This report provides an in-depth analysis of the beef market in the USA. 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.
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 Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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This report provides an in-depth analysis of the beef market in China.
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