Key Market Indicators
Taiwan's beef consumption is forecast to reach nearly 142,000 metric tons by 2026, up from 132,000 metric tons in 2021. This equates to an average annual increase of 1.2%. Since 2017, demand has grown 0.8% year on year. Looking at production, Taiwan is set to produce 7,390 metric tons of beef by 2026, compared to 6,950 metric tons in 2021. This is an average annual growth of 1%. Since 1966, supply has grown by 1.9% year on year. In 2021, the country ranked 136th in the world, with Guinea-Bissau coming in ahead of it at 6,950 metric tons. Brazil, China and Argentina were the 2nd, 3rd and 4th biggest producers, respectively.
