Browse Data and Analysis

FAS Manila forecasts beef imports to remain flat at 200,000 MT Carcass Weight Equivalent (CWE) in 2024 because of low demand for imported beef.

The Canadian cattle herd is forecast to sustain the long-term trend of contraction in 2024. Drought impacts will see cow and heifer slaughter increase proportionally to herd size in 2023, limiting any growth potential.

The Swedish Veterinary Institute (SVA) announced it found African Swine Fever (ASF) in 13 dead wild boars.

Both EU beef and pork production are trending down to record lows in 2023 and 2024.

Highlight: Beef production and exports in 2024 are projected to increase marginally. Exports at 445,000 tons carcass weight equivalent would be the second highest on record.

Australian beef supply is forecast to recover in 2024 to the point of reaching the sixth highest production on record.

Ukraine’s cattle inventory is expected to remain on its historical downward trend in 2023 and 2024. Exports of live cattle and beef will remain strong as lower disposable incomes result in decreased domestic demand.

Spain’s swine sector expects a continued downward trend in swine and pork production in 2023 and 2024 to slightly less than 5 million tons of pork and below 55 million heads slaughtered.

The Brazilian economy is slowly recovering from the negative impacts of the COVID pandemic on its GDP growth, employment rates, and in most sectors of the economy.

After a major decrease in 2022, Ukraine’s cattle and swine population is expected to decline further in 2023. Although some war-related factors have already had their negative impact, the refugee crisis, disposable income drops, and a weakened economy are expected to depress livestock sector development further.

In 2023, Mexico’s beef production is forecast to slightly increase, but faces slower consumption growth on a year-to-year basis as food inflation soars. As herd numbers increase, overall cattle slaughter is expected to rise. Carcass weights are expected to marginally decrease in 2023 and are offset by larger slaughter numbers of slightly younger animals.

In 2021, the Chilean economy grew by 11.7 percent. Government support programs increased disposable income for many consumers, putting upward pressure on consumption of beef, pork, and chicken.