The global beef and veal export market saw Brazil leading with a significant increase of 6.35% in 2023, enhancing its dominance. Argentina, and Mexico posted strong growths at 10.93% and 6.35%, respectively. Conversely, notable declines were in the United States, India, and Australia, with drops of 0.81%, 1.23%, and 0.67%. Emerging markets like Malaysia and Chile saw double-digit growths, indicating expanding opportunities. Some European nations like Bosnia and Switzerland faced declines, illustrating regional shifts.
Future trends suggest potential expansions in Asian markets, driven by rising demand. Meanwhile, traditional powerhouses may face stability challenges amid varying consumer preferences globally.
Top countries in Beef and Veal Meat Export Share by Country (Thousand Metric Tons (Carcass Weight Equivalent))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 23.43 | 2023 | -5.11% | +6.35% | View data |
| 2 | 2 Australia | 13.04 | 2023 | +23.59% | -0.67% | View data |
| 3 | 3 India | 12.1 | 2023 | -1.53% | -1.23% | View data |
| 4 | 4 United States | 11.73 | 2023 | -14.43% | -0.81% | View data |
| 5 | 5 Argentina | 7.16 | 2023 | +2.07% | +10.93% | View data |
| 6 | 6 New Zealand | 5.75 | 2023 | +4.98% | +2.32% | View data |
| 7 | 7 Canada | 4.77 | 2023 | -3.95% | +3.26% | View data |
| 8 | 8 Uruguay | 3.83 | 2023 | -12.28% | +0.63% | View data |
| 9 | 9 Paraguay | 3.71 | 2023 | -5.84% | +4.15% | View data |
| 10 | 10 Mexico | 3.15 | 2023 | -7.04% | +6.35% | View data |