Key Market Indicators
Brazil’s livestock production is expected to reach roughly 191 million heads by 2026, growing at a rate of 0.5% annually from 2021’s 185.6 million. Since 1966, the supply has grown by an average of 0.2% each year. Brazil ranked second in the world in 2021 and was followed by China, India and the United States. Meanwhile, the country’s imports of livestock-related goods are estimated to reach $1.5 billion by 2026, down 22.7% from 2021’s $6.3 million. Since 1994, imports have dropped by an average of 13.4% each year. In 2021, Armenia topped the list of importers, followed by Germany, Italy and the Netherlands.