EU production grows for beef and falls for lamb in Q1 2024

Published 2024년 7월 9일

Tridge summary

European beef and sheep meat production and demand trends for the first quarter of 2024 were mixed, with some countries experiencing increases while others saw declines. Beef production rose by 4% to nearly 1.25 million tonnes, led by Italy and Poland, with France remaining the largest producer despite an 8,200-tonne decline. Slaughter numbers increased, with a notable decrease in France but stable numbers in Germany, indicating heavier carcase weights. Sheep meat production fell by 4% to 95,000 tonnes, primarily due to significant declines in Spain and Greece, although Germany saw a minimal increase. Total European slaughter dropped by 6%, with notable decreases in Italy and Greece, leading to higher sheep prices peaking in late April before declining. Despite high meat prices, demand has remained relatively resilient, with some countries like Germany showing an increase in beef demand, while France experienced a decrease in both beef and sheep meat demand. The European Commission forecasts a slight decrease in total EU beef and lamb consumption for 2024 due to high prices and supply constraints, but expects long-term growth in sheep meat consumption due to its cultural and religious significance.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Production has grown by nearly 60,000 tonnes (4%) from the first quarter last year, with major increases coming from Italy and Poland. Italian beef production has increased by 25,000 tonnes from 2023 to 161,000 tonnes but remains 14% lower than levels seen in 2022. Polish beef production on the other hand continues to grow from 2022 and 2023, up 16% from last year to 159,000 tonnes. Germany, as the second largest beef producer in the EU, saw an edge of +2% (4,000 tonnes) in the year to date from 2023-24, to sit at 256,000 tonnes. France continues to be the largest producer of beef in the EU, sitting at 327,000 tonnes for the first quarter of 2024. France also experienced the largest decline in production of 8,200 tonnes from 2023. Slaughter in the EU as a whole sat 174,000 head higher at 5.6m head in the year to date, influencing total production. EU cow slaughter has grown by 47,000 head, and heifer kill rose by just over 36,000 head from the year-to-date 2023 to 24, which would ...
Source: EuroMeat

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