Key Market Indicators
Korean demand for beef is expected to reach 921,000 metric tons by 2026, up from 867,000 metric tons in 2021. This is an increase of 1% from year to year, since 2017. Korean beef production is also expected to rise in the same time frame, reaching approximately 290,000 metric tons by 2026, up from 286,000 metric tons in 2021. This is an increase of 0.2% year to year, since 1966. The country ranked 42nd in 2021, with Morocco ahead of it at 286,000 metric tons. Brazil, China, and Argentina were respectively ranked 2nd, 3rd, and 4th in the same ranking.
