What is the price of beef per kilogram/pound in Portugal today?
The retail price range for Portugal beef is between US$ 2.90 and US$ 4.34 per kilogram or between US$ 1.31 and US$ 1.97 per pound(lb). Click here to see today's exact prices of beef in Portugal
The retail price range in Euro for beef is between EUR 2.68 and EUR 4.01 per kilogram or between EUR 1.21 and EUR 1.82 per pound(lb) in Lisbon and Porto.
Wholesale prices
In 2024, the approximate wholesale price range for Portugal beef is between US$ 2.03 and US$ 3.04 per kilogram or between US$ 0.92 and US$ 1.38 per pound(lb).
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Prices of other produce in the Meat category in Portugal: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
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Portugal beef - Production, Exports, Imports, Seasons and HS Codes
The quantity of beef sold by Portugal in 2020 was 15,150 tons. In 2019 Portugal exported 14,617 tonnes of beef. Through 2019 alone, the demand for Portugal beef (meat category) has decreased, flactuating by -10.747 per cent compared to the year 2018. Between 2017 and 2019, beef's exports went up by 26.94 percent netting the nation US$51.85m for the year 2019. Portugal's beef exports are classified as:
- Frozen, boneless meat of bovine animals (HS code 020230)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine livers (HS code 020622)
- Frozen edible bovine tongues (HS code 020621)
- Fresh or chilled bovine meat, boneless (HS code 020130)
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Portugal beef export values
In 2019, Portugal supplied beef valued at 51.85m USD, a decrease of -16.36% from 2018's total beef export of 61.992m USD. The annual reduction in value of Portugal beef between 2017 to 2018 was 59.637 percent.
The annual/yearly variation in the amount of Portugal's beef exports between 2017 and 2019 was 26.94 pc in comparison to a variation of -10.747% in the period between 2018 and 2019.
Portugal's share of the world's total beef's exports in 2019 was less than 1%. The country holds position 25 in world exports of beef.
Export markets for Portugal beef ( in '000$ )
Portugal's top export markets for beef are Spain, Singapore, Angola, Cape Verde and Luxembourg.
Import/Export Trends
Portugal is a net importer of beef. The annual growth of Portugal beef in value between 2015 to 2019 was 10%, per year, while annual growth in quantity through the same period was 13%, per annum.
Portugal brought in 123,536 tonnes of beef in 2019.