The United States leads the global export market for fresh or chilled meat of bovine animals, with substantial growth of 2.82% in 2023. Australia and the Netherlands follow closely, with Australia showing a 2% increase and the Netherlands a modest 0.88%. Canada and Mexico also recorded impressive growth rates of 4.85% and 4.78%, respectively. Meanwhile, Germany and Denmark experienced declines, highlighting a shift in the competitive landscape. Smaller nations like Japan and South Africa saw significant boosts in their export value, marking an over 5% growth.
Future trends to watch include:
- Continuing shifts in market shares among major exporting countries.
- Potential growth in emerging markets such as Malaysia, with an 8.33% increase in exports.
- Technological and regulatory changes possibly impacting production and distribution efficiencies.
- Rising demand in developing economies, enhancing market diversification.
Top countries in Export of Fresh or Chilled Meat of Bovine Animals Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 15.59 | 2023 | +3.07% | +2.82% | View data |
| 2 | 2 Australia | 10.25 | 2023 | +2.19% | +2% | View data |
| 3 | 3 Netherlands | 10.13 | 2023 | +1.13% | +0.88% | View data |
| 4 | 4 Ireland | 8.13 | 2023 | +1.72% | +1.63% | View data |
| 5 | 5 Canada | 7.12 | 2023 | +3.18% | +4.85% | View data |
| 6 | 6 Poland | 5.04 | 2023 | +2.95% | +0.33% | View data |
| 7 | 7 Mexico | 4.98 | 2023 | +4.31% | +4.78% | View data |
| 8 | 8 Germany | 4.06 | 2023 | -1.98% | -2.05% | View data |
| 9 | 9 France | 3.67 | 2023 | -0.57% | -1.18% | View data |
| 10 | 10 Brazil | 3.56 | 2023 | +2.45% | +1.48% | View data |