Key Market Indicators
Colombians are predicted to consume 823,500 metric tons of beef by 2026, a slight 0.1% increase from the 817,000 metric tons consumed in 2021. Since 2017, the demand for beef has been down 1.2% annually. Colombian beef production is expected to drop 0.3% year-on-year to 750,930 metric tons by 2026. Since 1966, the country's supply of beef has decreased 0.8% each year. In 2021, Colombia ranked #15, with India taking the lead with 764,300 metric tons. Brazil, China and Argentina were the #2, #3 and #4 producers, respectively.
