Global beef export price up on average, but diverging trends between Europe and Asia

Thursday, 23 January 2020

By Rebecca Wright

The global beef export price* during the first 11 months of 2019 is up on-the-year, to around $5,400/tonne. The total volume of beef exported by the five largest exporters currently stands at around 4.4 million tonnes, up from 3.9 million in the same period of 2018. With the volume and price up, the value has reached $23.6 billion. The value of beef exported by these countries is more than likely to top $25 billion in the 2019 year, with $26 billion a possibility.

However, although the global beef export price has tracked upwards during 2019, there was a divergence between different regions. The average import price to the EU is down almost 6% in US dollar terms (volumes have fallen slightly too), whereas China has recorded a 6% price rise. Meanwhile, Japan and South Korea recorded steady import prices.


*weighted average of the five largest beef exporters in the world – Brazil, Australia, US, New Zealand and Argentina.

Sign up for regular updates

You can subscribe to receive Beef and Lamb market news straight to your inbox. Simply fill in your contact details on our online form.

Visit the Keep in touch page

While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.

All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at  © Agriculture and Horticulture Development Board. All rights reserved.