Key Market Indicators
By 2026, Thai beef consumption is projected to drop by 3.5% year-on-year, to 79,480 metric tons. This marks a decrease of 2.6% since 2017. Thai beef production is expected to reach 109,930 metric tons by 2026, representing a 1.4% yearly decrease from 2021. In comparison to 1966, the country's supply has decreased by 3.1%. In 2021, Thailand ranked 66th in global beef production, with Denmark coming in first at 119,600 metric tons. Brazil, China and Argentina followed in second, third and fourth place, respectively.
