Key Market Indicators
Faroese beef production is expected to hit 97 metric tons by 2026. This marks an annual growth rate of 0.3%, slightly higher than the 1.1% average rate since 1971. The country was the 183rd largest producer in 2021, with Grenada taking the lead at 95 metric tons. Brazil, China, and Argentina followed in the rankings, taking second, third, and fourth respectively.