Key Market Indicators
Consumption of beef in Ethiopia is expected to decline by 0.3% year on year over the next five years, dropping from 397 Thousand Metric Tons in 2021 to 389 Thousand Metric Tons in 2026. Looking back over the past few years, demand for beef in the country decreased by 0.7% year on year since 2017. Production of beef in Ethiopia is forecast to increase by 0.6% year on year over the next five years, rising from 398,880 Metric Tons in 2021 to 412,490 Metric Tons in 2026. The country ranked 32nd in 2021, with the Netherlands leading the ranking with 398,880 Metric Tons. Brazil, China, and Argentina ranked second, third, and fourth respectively. Overall, Ethiopia's beef production and consumption are expected to experience modest growth in the coming years.
