market intelligence update from Canada Beef Archives

In Saudi Arabia, Canadian beef is most often found in the foodservice sector, such as fine dining establishments and hotels.

Beef Cattle, Global markets, Livestock, Markets

Market Intelligence Update from Canada Beef: Beef consumption on the rise in Saudi Arabia

By Canada Beef August 1, 2023

Saudi Arabia is the largest country of member states in the Gulf Cooperation Council with a growing population of over 36 million and has the fifth highest population among Middle Eastern nations. It has the 18th largest GDP in the world at over USD $1 trillion and is the largest in the region. The overall […] Read more

Beef Cattle, Canadian Cattlemen, Global markets

Market Intelligence Update from Canada Beef: U.S. beef demand on track to remain among 20-year highs

By Canada Beef July 27, 2023

It is no secret that Americans like to barbeque and Circana’s May 2023 consumer survey suggests strong grilling activity for the summer of 2023. U.S. beef demand has been steady so far this year but muted shifts between channels and products are apparent. The current support for beef in the U.S. economy is overshadowed by […] Read more

The Canada Beef booth at the Seoul Food and Hotel exhibition in 2021

Global markets, Markets

Market Intelligence Update from Canada Beef: South Korean beef demand recovers as import tariffs drop

By Ichiro Kiyotomi February 23, 2023

Despite rising inflation and interest rates, beef demand has slowly recovered in South Korea. General consumer sentiment has been weak due to high inflation rates and interest rates and a stagnant economic situation, including poor export records. But beef demand has been recovering gradually thanks to year-end spending and the Lunar New Year holiday in […] Read more

Global markets, Markets, News

Market Intelligence Update from Canada Beef: U.S. importing more beef in 2022

By Robyn Paddison May 5, 2022

Canadian beef exports into the U.S. were strong the first two months of this year, up 13 per cent from February 2021 and up 25 per cent from the five-year average for February. January through February 2022, imports of Canadian flank/plate and rib increased the most, up 24 per cent in volume year-over-year. Brisket volumes […] Read more

Canadian beef exports to China grew in 2021.

Global markets, Markets, News

Market Intelligence Update from Canada Beef: China’s beef imports growing, but high prices lead to uncertainty

By Angie Xu January 20, 2022

Chinese beef imports have grown on the mainland, but in Hong Kong, beef supply is tight and prices are on the rise. China imported 1.97 million tonnes of beef year-to-date October, up 12 per cent from 2020. Overall imported beef value is expected to exceed $11 billion USD for 2021. Although the overall beef price level in November dropped slightly, […] Read more

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Tag Archives market intelligence update from Canada Beef

Market Intelligence Update from Canada Beef: Beef consumption on the rise in Saudi Arabia

Market Intelligence Update from Canada Beef: U.S. beef demand on track to remain among 20-year highs

Market Intelligence Update from Canada Beef: South Korean beef demand recovers as import tariffs drop

Market Intelligence Update from Canada Beef: U.S. importing more beef in 2022

Market Intelligence Update from Canada Beef: China’s beef imports growing, but high prices lead to uncertainty

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