Key Market Indicators
Beef production in Micronesia is set to remain steady over the next five years. The country is projected to produce 241 metric tons of beef by 2026, up slightly from 241 metric tons in 2021. Since 1996, Micronesian beef production has grown at an average rate of 0.1% year on year. In 2021, it ranked 176th in the world, behind Sao Tome and Principe, which produced 241 metric tons. China, Brazil and Argentina were the world's top three producers, respectively.