Key Market Indicators
Austrian beef consumption is projected to grow steadily over the next five years. In 2021, it was estimated at around 151,000 metric tons. This figure is expected to rise 1% year-on-year on average, reaching 161,000 metric tons by 2026. Since 2017, Austrian demand for beef has increased at a rate of 0.7% per year. Austrian beef production is also set to grow in the same period. In 2021, it was estimated to be around 233,000 metric tons. This figure is expected to increase at a rate of 0.3% per year, reaching 236,000 metric tons by 2026. Since 1966, the country’s beef supply has been rising at a rate of 0.3% per year, putting it in 46th place in 2021, with South Sudan coming in ahead of it at 233,000 metric tons. Brazil, China and Argentina were respectively ranked 2nd, 3rd and 4th in this ranking.
