Key Market Indicators
Uruguayan Beef Consumption is expected to decline in the next five years. By 2026, 80,000 metric tons of beef will be consumed, down 1.6% from 2021. Since 2017, the demand has decreased by 0.7% year-on-year. Uruguayan Beef Production is projected to increase in the next five years. By 2026, it is estimated that 633,000 metric tons of beef will be produced, up 0.9% from 2021. Since 1966, the supply has increased by 1.2% year-on-year. In 2021, Uruguay was ranked 20th, with Ireland ranking first at 599,860 metric tons. Brazil, China and Argentina ranked second, third and fourth respectively.
