EU: Beef consumption slump - in figures
Beef consumption has slumped by 30% across the whole European Union, since the BSE crisis struck in the autumn, according to the European Commission. Falls have been particularly steep in Germany, although there has been no fall in demand in Sweden, Finland and Britain. The Commission estimates that there will be a recovery later this year, but is still estimating that consumption will fall by around 10% this year, (around 750 000 tonnes). Brussels also predicts that 300,000-350,000 tonnes of beef produced for export will remain unsold. It claims that since the start of the crisis, in real terms, the price of young bulls has fallen by 11.1% and cows by 7.2%.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- General Mills sales woes continue - analysis
- Why personalisation will take-off in US food
- Comment: Meal kits in US - don't believe the hype
- US food next wave on display at Winter Fancy Food
- Column: Kraft Heinz, Unilever and sustainability
- Unilever 'lining up spreads sale'
- UK own-label firm Park Cakes sold in MBO
- Immigration crackdown "risk" for US dairy industry
- BRF plant suspended amid bribery allegations
- Fonterra cuts earnings forecast