Key Market Indicators
Icelandic cattle production is projected to reach 77,290 heads in 2026, up from 74,360 in 2021. This marks an average annual growth rate of 0.7%, a trend that has been consistent since 1966. Meanwhile, Moldova has overtaken Iceland in the global rankings, with 74,360 heads of cattle in 2021. India, the United States and China are respectively ranked second, third and fourth.