What is the price of beef per kilogram/pound in Canada today?
The retail price range for Canada beef is between US$ 10.57 and US$ 23.07 per kilogram or between US$ 4.80 and US$ 10.46 per pound(lb). Click here to see today's exact prices of beef in Canada
The retail price range in Canadian Dollar for beef is between CAD 14.27 and CAD 31.14 per kilogram or between CAD 6.47 and CAD 14.12 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada beef is between US$ 7.40 and US$ 16.15 per kilogram or between US$ 3.36 and US$ 7.32 per pound(lb).
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Canada Beef Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beef from Canada has seen a steady increase over the last five years. In 2017, the export price was 4.88 US$ per kg, and in 2021 it had risen to 7.00 US$ per kg. This represents an increase of 44.2%. The highest export price was in 2021, at 7.00 US$ per kg, and the lowest was in 2012, at 4.47 US$ per kg. Based on the current trend, it is predicted that the export price of Beef from Canada will be 7.30 US$ per kg in 2023 and 7.60 US$ per kg in 2024.The Canada beef exports are classified as:
- Frozen edible bovine tongues (HS code 020621)
- 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 edible bovine livers (HS code 020622)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
Canada Beef Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beef into Canada over the last five years has been relatively stable. In 2017, the price was 4.88 US dollars per kg, followed by 5.30 US dollars per kg in 2018. In 2019, the price increased to 5.50 US dollars per kg and further increased to 5.69 US dollars per kg in 2020. The highest price was recorded in 2021, when the import price per kilogram of Beef into Canada was 7.00 US dollars per kg. This year, the price has remained the same at 7.00 US dollars per kg. Based on the current trend, it is predicted that the import price per kilogram of Beef into Canada in 2023 will be 7.20 US dollars per kg and in 2024 it will be 7.40 US dollars per kg.Export values for Canada beef
The total values in export for beef in Canada were US$ 1,683,483, US$ 1,818,672, US$ 2,082,241 and US$ 2,380,262 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Canada: 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 North America: Canada beef, US beef, Anguilla beef, Antigua and Barbuda beef, Bermuda beef, Bonaire, Sint Eustatius and Saba beef, St.Pierre and Miquelon beef, United States Minor Outlying Islands beef, Cayman Islands beef & Greenland beef.
Canada beef - Production, Exports, Imports, Seasons and HS Codes
The amount of beef exported by Canada in 2020 was 418,580 tons. In 2019 Canada shipped 432,825 tonnes of beef. In 2019 alone, the demand for Canada beef (meat category) has improved, recording a change of 10.192 % compared to the year 2018. Between 2017 and 2019, beef's exports increased by 16.18 percent netting the nation US$2,380.26m for the year 2019. Canada's beef exports are categorised as:
- Frozen edible bovine tongues (HS code 020621)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine livers (HS code 020622)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
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Canada beef export values
In 2019, Canada supplied beef with a value of 2,380.26m USD, an increment of 14.31% from 2018's total beef export of 2082.241m USD. The annual increase in value of Canada beef between 2017 to 2018 was 14.492 percent.
The yearly change in the quantity of Canada's beef exports between 2017 and 2019 was 16.18% in comparison to a variation of 10.192% in the period between 2018 and 2019.
Canada's stake of the world's total beef's exports in 2019 was less than 1%. The country holds number 14 in world exports of beef.
Export markets for Canada beef ( in '000$ )
Canada's best performing export markets for beef are US, Japan, Ghana, United Arab Emirates (UAE) and Italy.
Import/Export Trends
Canada is a net importer of beef. The annual growth of Canada beef in value between 2015 to 2019 was 5%, per year, while annual growth in quantity was %, per annum.
Canada brought in 127,854 tonnes of beef in 2019.