Key Market Indicators
Belgian beef consumption is set to reach 130,000 metric tons by 2026, dropping slightly from 134,000 metric tons in 2021. Since 2017, consumption has decreased by 0.5% each year on average. Belgian beef production is set to reach 265,000 metric tons by 2026, a slight 0.1% decrease from 267,300 metric tons in 2021. Since 2005, production has been down 0.8% each year on average. In 2021, Belgium was ranked 44th in the world for production, surpassed by Bolivia. Brazil, China, and Argentina were ranked second, third, and fourth respectively.
