Key Market Indicators
Venezuelan beef consumption is expected to reach around 262,000 metric tons by 2026, down 6% from 375,000 metric tons in 2021. Since 2017, demand has dropped by 6.4% year-on-year. Meanwhile, Venezuelan beef production is anticipated to reach 454,320 metric tons by 2026, a slight drop of 0.1% from the 457,730 metric tons in 2021. Since 1966, supply has increased 1% year-on-year. The country ranked 30th in 2021, with Myanmar in the lead, followed by Brazil, China, and Argentina.
