Key Market Indicators
Filipina beef consumption is expected to grow by half a percent each year, reaching 523 thousand metric tons by 2026. Since 2017, demand has grown by 0.4 percent year on year. Filipina beef production is also forecast to expand by 0.7 percent each year, reaching 222 thousand metric tons by 2026. Since 1966, supply has risen by 0.3 percent year on year. In 2021, the country landed in 48th place, with Ecuador ahead at 213 thousand metric tons. Brazil, China and Argentina followed in second, third and fourth place respectively.
