Key Market Indicators
By 2026, Mosotho beef consumption is expected to reach 16,000 metric tons, an increase of 400 tons compared with 2021. This translates to an average 0.4% growth year-on-year. Since 2017, Mosotho demand for beef has remained unchanged. Production of beef in Mosotho is expected to drop to 8,000 tons by 2026, a decrease of 660 tons from 2021. This is equivalent to an average 1.4% decrease year-on-year. Since 1966, supply of beef in the country has dropped by 0.3% annually. In 2021, it ranked 132nd globally, behind Palestine with 8,660 metric tons. Brazil, China, and Argentina were the top three producers respectively.