European Beef

According to the Food and Agriculture Organization of the United Nations Report, the global meat production in 2016 slightly rose to 319.8 million tons, i.e. by 0.2% in comparison to 2015. The forecasts show a more visible growth in the meat trade by 4.4%, and beef trade by 0.3%. The beef production rose in 2016 by 0.3% and it reached 67.8 million tons. The intensity of this dynamics is especially noticeable in the European Union and in the United States.[1] Because of the population growth and the rise of income, the meat export has been growing. The world meat consumption is expected to rise by 13.5% between 2016 and 2026. [2]

According to the European Commission, the beef production in the EU in the first 4 months of 2016 rose by 2% in comparison to the same period in 2015. This growth is visible in the EU-N13 countries and has reached 13%. In the perspective of the entire year, the growth of production is estimated to reach 3.3% and this growth is expected to be continued in 2017. In terms of beef, its production on the territory of the EU is still generated by the development of the milk herds and the growth of 2015 and 2016. It is expected to slowly decline in the long-term perspective.

The European Commission assessed the results of the beef production and exports in the first half of the 2016 to be promising. The optimistic data results from the rise of the slaughter volume and a dynamic export of the live cattle. In the first quarter of 2016 it rose by 30% in comparison to the same period in 2015. Finally, in the first half of the year, the export of live cattle rose by 34% and export of meat rose by 17%. The most popular export destinations are Turkey (100000 units), Lebanon (45000), and Israel. The Commission takes into account the reduction of beef exports to Turkey in 2017 as the interior production rose and the cooperation between the EU and Turkey remains limited. The most promising export destination is Japan, among other countries. In the first quarter of 2016, a growth in export of the European beef reached 10%. Other destinations that show the export potential are the Asian countries (Hong Kong, China, Philippines, Thailand, South Korea) and the Middle East. [3].

As far as the meat consumption is concerned, 90% of the EU production reaches the tables of internal customers. The average beef consumption is 11 kg per capita. After 2016, this volume is expected to drop to 10.2 kg per capita by 2026.[4].

[1] FAO Food Outlook, Biannual Report on Global Food Markets, October 2016

[2] EU AGRICULTURAL OUTLOOK Prospect for the EU agricultural markets and income 2016-2026, December 2016

[3] European Commission, Short Term Outlook for EU arable crops, dairy and meat markets – Summer 2016

[4] EU AGRICULTURAL OUTLOOK Prospect for the EU agricultural markets and income, December 2016 2016-2026