EU beef imports to fall in 2025, accentuated by deforestation-free demands
The EU regulation that will come into force on December 30 this year and will require the import of deforestation-free products could further limit beef imports from third countries, particularly Brazil, according to the latest projections from the USDA office in the European Union.
Beef imports in 2024 are expected to reach 350,000 tonnes and in 2025 they will fall to 345,000 tonnes, in both cases below the 363,000 tonnes of 2023.
Demand for high-quality meat, typically used in high-end restaurants and grills, remains sluggish and is not recovering following lockdowns during the Covid outbreaks, according to beef importers.
USDA projections show a rebound in EU beef consumption in 2024, to 6.25 million tonnes, a recovery that would not extend into 2025, with a drop expected to 6.185 million for that year.
Meanwhile, EU beef production is expected to rise by around 2.2% in 2024, but fall by around 1.5% in 2025.
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