Key Market Indicators
German beef consumption is poised to reach 1,310,000 metric tons by 2026, increasing slightly from 1,260,000 metric tons in 2021. Year-on-year growth has been 0.6%, on average, since 2017. German beef production is forecast to reach a slightly lower 1,043,700 metric tons by 2026, declining by 0.7% year on year. Since 1966, German supply has decreased by 1.2% each year. In 2021, Germany was the tenth largest producer, with Pakistan overtaking it at 1,088,000 metric tons. Brazil, China and Argentina followed in second, third and fourth place respectively.