Projected Rise in Meat Imports in USA

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.

Wednesday, October 15, 2014

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
According to data from the Economic Research Service of the Department of Agriculture (USDA), it is expected that imports of beef at the end of the year will have a total volume of about 2.684 million pounds, which represents a increase of 19% compared to 2013. The USDA also estimates that this behavior could be maintained for 2015 and the year could end with an increase of 0.6%.

This situation is largely due to a contraction in domestic meat production and the strengthening of domestic demand for this product. The countries that have increased their exports to this market compared to the same period in 2013 are Australia, New Zealand, Canada and Mexico.



More on this topic

Opportunity for Meat in Japan

September 2016

It is estimated that in 2017 imports of meat and meat products from China will continue at high rates, due to lower levels of local production.

From a publication by Eurocarne:

The Department of Agriculture has drawn up one of its reports on forecasts for production and trade of meat and meat products in Japan. As indicated, in Japan there is still a reduction in the livestock censuses in the absence of generational change. Consumption also remains very stable. In light of this situation, the USDA estimates that in 2017 the situation seen in 2016 will will be repeated, that is to say there will be very high levels of imports.

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):

Increased Global Demand for Beef

June 2013

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

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.

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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