Key Market Indicators
Demand for beef in Azerbaijan is predicted to increase in the coming years. By 2026, it is estimated to reach 127.8 thousand metric tons. This is an increase of 0.3% from 2021, when 126 thousand metric tons were consumed. Since 2017, demand has grown by 0.3% on average each year. Azerbaijan's beef production is also set for an increase. By 2026, it is expected to reach 154.5 thousand metric tons, a 1.3% increase from 2021. Since 1997, there has been an overall increase of 1.8% per year. In 2021, the country was ranked 60th in the world, with Switzerland taking the lead with 142.9 thousand metric tons. Brazil, China and Argentina followed in second, third and fourth place respectively.
