Key Market Indicators
Vietnamese beef consumption is expected to decrease slightly by 0.5% year on year on average between 2021 and 2026. This follows an increased demand of 0.2% year on year since 2017. Vietnamese beef production is expected to grow by 2% year on year on average between 2021 and 2026. This follows an increase of 3.7% year on year since 2017. Vietnam was the 35th largest producer of beef in 2021, with Egypt overtaking them with 370,750 metric tons. Brazil, China and Argentina ranked 2nd, 3rd and 4th respectively.
