India is forecast to be the third largest beef exporting country in 2022 with exports increasing year over year from 2021 levels. beef exports are expected to decline modestly from record 2021 levels but will remain at historically high levels. to be the second largest beef exporting country for the second consecutive year in 2022, with total exports just 58 % of exports from Brazil. By a small margin, the latest USDA forecast is for the U.S. The U.S., India and Australia are all roughly the same size as exporters. The second tier of beef exporting countries are a much smaller second, third and fourth place behind Brazil. once the “other country” Tariff Rate Quota (TRQ) is met. However, Brazil will encounter sharply higher tariff rates in 2022 for exports to the U.S. increased by 131% in 2021 and are sharply higher thus far in 2022, following increased Brazilian market access for fresh product in early 2021. After disruptions in 2021, Brazil is again exporting beef to China/Hong Kong. Brazil is projected to account for 22% of global beef exports this year. Brazil has been the largest beef exporting country for the last five years consecutively and the largest in 14 of last 20 years after first becoming the largest exporting country in 2004. Global beef trade is projected to continue expanding to new record levels in 2022.īrazil is projected to be the largest beef exporting country again in 2022 with exports forecast to increase 12.1% year-over-year. Global beef production is projected to expand in 2022 with increased production in Brazil, China, India, Australia and Mexico offsetting decreased production in the U.S., Canada, the European Union (E.U.) and Argentina. These reports provide the most current assessment of the global livestock and poultry market situation. Saudi Arabia also lifted the ban on Polish beef which increased the country’s exports to put in the top ten countries.Īccording to the data European countries accounted for the highest dollar worth of exported beef during 2017 with shipments valuated at $14 billion or roughly one-third (31.5%) of the global total.In recent weeks, the USDA Foreign Agricultural Service has posted numerous country reports from beef producing, consuming and trading countries, culminating in the April release of the Livestock and Poultry: World Markets and Trade report. The country’s exports were up by 5 per cent in 2017 and it aims to increase the production by as high as 35 per cent per year.īeef from Poland has enjoyed a good market in Italy and the country has expanded its export market to Turkey and Netherlands. Although the country has strictly banned slaughtering of cows within the country as cow is considered sacred to Hindus, the beef exports of the country have never seen much of a dip. India is followed by Ireland, New Zealand and Canada.Ĭanada beef exports were worth US$1.6 billion in 2017. India is the fifth highest beef exporter with export value worth US$ 3 billion. The increase in demand for beef world over has also seen an increase in the value and volume of the Brazilian beef exporters association. In 2017 Brazil beef exporters generated US$ 5.1 billion, 26 per cent more than the previous year. The country has about 3 per cent of the world cattle and buffalo inventory and produces 4 per cent of the world’s beef supply.Īustralia is followed by Brazil which is the third highest exporter of beef. Australia is the second largest beef exporter with exports worth US$5.8 billion.
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