Key Market Indicators
Malaysia's beef consumption is expected to reach 186,000 metric tons by 2026. This is a 0.3% year-on-year increase from the 182,000 metric tons recorded in 2021. Since 2017, Malaysian demand has grown by 0.2% year-on-year. Malaysia's beef production is projected to reach 42,000 metric tons by 2026. This is a 0.7% year-on-year compound annual growth rate from the 40,210 metric tons recorded in 2021. Since 1966, Malaysian supply has decreased by 0.5% year-on-year. In 2021, Malaysia was ranked 100th in terms of beef production, with Saudi Arabia in the lead at 40,210 metric tons. Brazil, China and Argentina respectively ranked 2nd, 3rd and 4th.
