Key Market Indicators
Israel's beef consumption is expected to reach 247,000 metric tons by 2026, up 0.8% from 236,000 metric tons in 2021. This follows an average annual growth rate of 0.9% since 2017. Meanwhile, beef production in Israel is expected to reach 152,000 metric tons by 2026, up 1.3% from the 140,000 metric tons seen in 2021. This follows an average annual growth rate of 2.1% since 1966. In 2021, Israel ranked 62nd in the world for beef production. Nicaragua was ranked ahead at 140,000 metric tons. Brazil, China, and Argentina took the 2nd, 3rd, and 4th spots, respectively.