Global beef market will grow despite uncertainty.

this dynamic environment, the global beef sector will face both challenges and opportunities in the future. Global beef trade volumes have increased over the past five years: exports have increased by 14% since 2019, reaching nearly 13 million tonnes in 2024. “Brazil and China have consolidated their positions as dominant powers, with Brazil leading in exports and China leading in imports,” says Angus Gidley-Baird, senior analyst at RaboResearch. “Brazilian beef exports have risen sharply from 2.3 million tonnes in 2019 to a projected 3.6 million tonnes in 2024, largely driven by growing demand in the Chinese market.” This growth underscores the key role of Brazil, which accounts for approximately 50% of China’s beef imports. The beef market is experiencing significant volatility due to disease outbreaks, geopolitical tensions, and changing economic conditions. According to Gidley-Baird, unpredictability is expected to persist, impacting traditional trade flows and creating ...