Key Market Indicators
Spanish beef consumption is set to reach 591,000 metric tons by 2026, up 0.5% on average each year. Since 2017, demand has grown by 0.1% annually. Meanwhile, Spanish beef production is forecast to hit 730,760 metric tons by 2026, rising at a 0.7% rate each year. Since 1966, overall supply has increased by 1.9% annually. The country held the 17th spot in 2021, with Italy overtaking it with 699,390 metric tons. Brazil, China and Argentina respectively followed in second, third and fourth place.
