Key Market Indicators
Italian beef consumption is expected to drop by 1.1% annually through 2026, reaching 894,000 metric tons in that year. Since 2017, consumption has declined by 1.7% each year on average. Italian beef production is anticipated to experience a 1.6% annual decrease from 2021 to 2026, totaling 679,150 metric tons in 2026. Since 1966, production has decreased by an average of 1.1% each year. In 2021, Italy ranked 16th in beef production, with Colombia surpassing it with 747,480 metric tons. Brazil, China, and Argentina ranked second, third, and fourth, respectively.
