Key Market Indicators
Tobagonian beef consumption is set to reach 8,000 metric tons by 2026, according to recent estimates. This number is just 1.4% higher than the 2021 figure of 7,000 metric tons. Since 2017, demand has remained relatively stable. Production is expected to fall 0.4% each year on average, reaching 853 metric tons by 2026. This is slightly lower than the 2021 figure of 871 metric tons. Since 1966, supply has grown at a steady rate of 0.8% per year. Tobago ranked 166th in the world in 2021, with Malta coming in ahead of them at 871 metric tons. Brazil, China and Argentina occupied the top three spots.
