Key Market Indicators
By 2026, Ecuador is projected to reach 194,240 metric tons in beef consumption, a 1% decrease from 2021's 206,000 metric tons. Since 2017, the country's demand has dropped by an average of 1.1% per year. Ecuadorian beef production is expected to reach 225,810 metric tons in 2026, representing a 0.1% growth rate from 2021's 224,980 metric tons. Since 1966, the country's production has increased by an average of 1.2% annually. In 2021, Ecuador was ranked 47th in beef production, with Austria taking the lead at 224,980 metric tons. Brazil, China and Argentina followed, ranking 2nd, 3rd and 4th respectively.