Key Market Indicators
Beef consumption in Papua New Guinea is expected to reach 7 thousand metric tons by 2026, down 0.7% from the 2021 figure. Since 2017, demand has been stable. Production of beef in the country is forecast to reach 3.4 thousand metric tons by 2026, up 0.3% from 2021. Since 1966, supply has grown by 0.5% annually. In 2021, Papua New Guinea was 149th in the world rankings, with Montenegro ahead at 3.3 thousand metric tons. Brazil, China and Argentina were the 2nd, 3rd and 4th biggest producers respectively.
