Red meat in focus: how will global trends affect Ukrainian producers?

Published 2025년 2월 15일

Tridge summary

In early 2025, Ukraine experienced a decrease in cattle exports and beef production, leading to a situation where demand for beef exceeded supply, potentially driving prices up. This trend is expected to continue globally, with demand for red meat high in Japan and South Korea. The USA's reduced cattle population is expected to increase beef imports from Australia. Meanwhile, Ukraine increased its imports of live cattle and beef, and faced a 22% decrease in frozen beef exports in January 2025 compared to the previous month. Rabobank predicts a reduction in beef production in several key countries, including the USA, Brazil, Europe, China, and New Zealand, in 2025.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the beginning of 2025, the demand for beef in the market exceeds the supply, which in the future may affect the strengthening of prices, - reports the analyst of the Association of Milk Producers Georgy Kukhaleyshvili. According to preliminary data of the State Statistics Service of Ukraine, in January 2025, Ukraine exported 1.42 thousand tons of cattle in live weight, which is 65% less than in December 2024, but 150% more than in January 2024. In January 2025, Ukrainian exporters supplied 21 tons of fresh or chilled beef to foreign markets. Natural export volumes increased by 20 tons compared to December and January 2024. Natural export volumes of frozen beef in January 2025 amounted to 1.4 thousand. tons, which is 22% less than in December and 7% more than in January 2024. Giorgi Kukhaleishvili notes that there is some activity in external markets. According to AHDB senior analyst Hannah Clark, at the beginning of 2025, demand for beef will outweigh supply, which may ...

Source: Agravery