What is the price of beef per kilogram/pound in Lebanon today?
The retail price range for Lebanon beef is between US$ 17.31 and US$ 20.27 per kilogram or between US$ 7.85 and US$ 9.19 per pound(lb). Click here to see today's exact prices of beef in Lebanon
The retail price range in Lebanese Pound for beef is between LBP 262,208.33 and LBP 307,158.33 per kilogram or between LBP 118,915.34 and LBP 139,300.83 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon beef is between US$ 12.11 and US$ 14.19 per kilogram or between US$ 5.49 and US$ 6.44 per pound(lb).
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Lebanon Beef Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beef from Lebanon over the last five years has seen a steady decline. In 2012, the export price was 5.92 US dollars per kg, dropping to 4.21 US dollars per kg in 2013. This trend continued until 2015, when the export price was 3.34 US dollars per kg. In 2016, the export price increased to 4.3 US dollars per kg, before rising to 7.73 US dollars per kg in 2017. Since then, the export price has decreased, with the latest figures showing 4.82 US dollars per kg in 2020 and 4.99 US dollars per kg in 2021. Based on this trend, it is predicted that the export price of Beef from Lebanon will be 4.76 US dollars per kg in 2023 and 4.60 US dollars per kg in 2024.The Lebanon beef exports are categorised as:
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen edible bovine tongues (HS code 020621)
- Frozen edible bovine livers (HS code 020622)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
Lebanon Beef Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beef into Lebanon over the last five years has been quite volatile. In 2016, the price was 4.30 US dollars per kg, which was the highest in the five year period. This was followed by a sharp decline in 2017 to 7.73 US dollars per kg. In 2018, the price dropped further to 4.85 US dollars per kg. In 2019, the price dropped to 4.25 US dollars per kg, the lowest in the five year period. In 2020, the price increased to 4.82 US dollars per kg and in 2021, the price increased further to 4.99 US dollars per kg. Based on the trend, it is expected that the price of Beef in Lebanon will continue to increase in the coming years. For 2023 and 2024, the prices are expected to be around 5.20 US dollars per kg and 5.50 US dollars per kg respectively.Export values for Lebanon beef
The total values in export for beef in Lebanon were US$ 1,131, US$ 232, US$ 533 and US$ 272 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Lebanon: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of beef in other countries across Middle East: Bahrain beef, Cyprus beef, Iraq beef, Israel beef, Jordan beef, Kuwait beef, Lebanon beef, Palestine beef, Oman beef & Qatar beef.
Lebanon beef - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon exported 64 tonnes of beef. For the year 2019 alone, the market for Lebanon beef (meat category) has decreased, recording a change of -41.818 pc compared to the year 2018. Between 2017 and 2019, beef's exports grew by 113.33 pc earning the country US$0.27m for the year 2019. Lebanon's beef exports are categorised as:
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine livers (HS code 020622)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen edible bovine tongues (HS code 020621)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
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Lebanon beef export values
In 2019, Lebanon exported beef with a value of 0.27m USD, a reduction of -49.34% from 2018's total beef export of 0.533m USD. The yearly reduction in value of Lebanon beef between 2017 to 2018 was 129.741 per cent.
The annual/yearly change in the amount of Lebanon's beef exports between 2017 and 2019 was 113.33 per cent in comparison to a variation of -41.818% in the period between 2018 and 2019.
Export markets for Lebanon beef ( in '000$ )
Lebanon's top destinations for beef are Qatar, Ghana, Zimbabwe, Iraq and Canada.
Lebanon imported 25,077 tonnes of beef in 2019.