Increased Global Demand for Beef

It has been projected that in 2013 global beef exports will grow by 7.6%, approaching 9 million tons.

Tuesday, June 4, 2013

From an article by the Costa Rican Trade Promotion Office (PROCOMER):

Projections for 2013 indicate that the expansion of international trade of beef will continue, according to the U.S. Department of Agriculture (USDA), world beef exports will grow by 7.6% and will be located around 9 million tons.

The process is explained by the consolidation of India as a major exporter. The country is expected to export 2.16 million tons of beef (28.6% more than in 2012), and come to represent almost a quarter of world beef exports, meanwhile, it is expected that Brazil will export nearly 1.5 million tons of beef, ie 4% more than in 2012, and which will represent 16% of the world's total.

More on this topic

Projected Rise in Meat Imports in USA

October 2014

Due to the contraction in domestic production, it is estimated that by the end of the year beef imports will have risen by 19% compared to 2013.

From statement issued by the Foreign Trade Promotion Office of Costa Rica (PROCOMER):

An increase is expected in imports of beef in the United States

More Competition in Meat Sales to the United States

October 2014

An announcement has been made that the South American country has been authorized to export a type of beef produced without hormones or antibiotics, endorsed by the Department of Agriculture.

From a statement issued by the Foreign Trade Promotion Office of Costa Rica (Procomer):

Competitors in Supply of Meat to Guatemala

April 2013

In light of an announcement by the Guatemalan government that they are looking for more beef suppliers, Colombia is making preparations.

From an article by the Costa Rican Trade Promotion Office (PROCOMER):

The Ministry of Agriculture, Livestock and Food in Guatemala (MAGA) reported that it will be evaluating new suppliers in light of a possible meat shortage caused by an increase in prices in the country.

U.S. Produces Less Beef

September 2012

Drought has affected livestock production in the United States by up to 4%, which means business opportunities for Central American producers.

A statement from the Costa Rican Trade Promotion Office (PROCOMER) reads:

Drought could reduce by nearly 4% of beef production in the U.S.

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