Key Market Indicators
Argentinian beef consumption is estimated to reach 2.5 million metric tons by 2026. This is a slight increase from 2.5 million metric tons in 2021. The demand has been falling since 2017 at a rate of 0.1% year on year. Argentina is set to produce 3.3 million metric tons of beef by 2026, a 0.7% year on year increase from 3.2 million metric tons in 2021. Since 1966, the country's supply has grown 3.6% year on year. In 2021, China was the top producer with 3.2 million metric tons, followed by Brazil, China and Argentina in second, third and fourth place respectively.