Key Market Indicators
By 2026, Iraqi Beef Consumption is projected to reach 95.4 thousand metric tons, a slight decrease of 0.3% annually on average since 2021. From 2017 to 2021, Iraqi demand for beef dropped 0.3% yearly. Meanwhile, Iraqi Beef Production is forecast to amount to 3,350 metric tons in 2026, a 22.1% decrease from 2021. Since 1966, Iraqi supply has dwindled by 11.6% year after year. In 2021, Iraq came in at number 127, superseded by Latvia with 13,250 metric tons. Brazil, China and Argentina, in that order, held the second, third and fourth rankings globally.