What is the price of beef per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) beef is between US$ 2.86 and US$ 7.63 per kilogram or between US$ 1.30 and US$ 3.46 per pound(lb). Click here to see today's exact prices of beef in United Kingdom (UK)
The retail price range in British pound sterling for beef is between GBP 2.30 and GBP 6.13 per kilogram or between GBP 1.04 and GBP 2.78 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) beef is between US$ 2.00 and US$ 5.34 per kilogram or between US$ 0.91 and US$ 2.42 per pound(lb).
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United Kingdom (UK) Beef Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beef from the United Kingdom over the last five years has been relatively stable. In 2016, the price was 3.74 US dollars per kg, followed by 4.08 US dollars per kg in 2017. In 2018, the price increased to 4.42 US dollars per kg, before dropping to 3.73 US dollars per kg in 2019. The price then decreased further to 3.50 US dollars per kg in 2020. The most recent data shows that the price has increased to 7.96 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Beef from the United Kingdom will be 4.99 US dollars per kg in 2022 and 5.22 US dollars per kg in 2023.The beef exports from United Kingdom (UK) are classified as:
- Frozen edible bovine tongues (HS code 020621)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen edible bovine livers (HS code 020622)
- 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 edible offal of bovine animals (HS code 020610)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Frozen bovine carcases and half-carcases (HS code 020210)
United Kingdom (UK) Beef Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) beef
The total values in export for beef in United Kingdom (UK) were US$ 570,048, US$ 599,231, US$ 665,819 and US$ 698,936 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in United Kingdom (UK): 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 Europe: Georgia beef, Albania beef, Belarus beef, Bosnia and Herzegovina beef, Bulgaria beef, Croatia beef, Czech Republic beef, Estonia beef, Greece beef & Hungary beef.
United Kingdom (UK) beef - Production, Exports, Imports, Seasons and HS Codes
The volume of beef sold by United Kingdom (UK) in 2020 was 171,210 metric tons. In 2019 United Kingdom (UK) exported 187,238 tonnes of beef. For 2019 alone, the market for United Kingdom (UK) beef (meat category) has gone up, changing by 24.406 pc compared to the year 2018. Between 2017 and 2019, beef's exports grew by 27.41 pc netting United Kingdom (UK) US$698.94m for the year 2019. United Kingdom (UK)'s beef exports are classified as:
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine tongues (HS code 020621)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Frozen edible bovine livers (HS code 020622)
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United Kingdom (UK) beef export values
In 2019, United Kingdom (UK) shipped beef with a value of 698.94m USD, an improvement of 4.97% from 2018's total beef export of 665.819m USD. The annual increase in value of United Kingdom (UK) beef between 2017 to 2018 was 11.112 pc.
The annual change in the amount of United Kingdom (UK)'s beef exports between 2017 and 2019 was 27.41 per cent in comparison to a variation of 24.406% in the period between 2018 and 2019.
United Kingdom (UK)'s share of the world's total beef's exports in 2019 was less than 1%. The country holds number 19 in world exports of beef.
Export markets for United Kingdom (UK) beef ( in '000$ )
United Kingdom (UK)'s top export markets for beef are Ireland, Germany, the Netherlands, the Philippines and France.
Import/Export Trends
United Kingdom (UK) is a net importer of beef. The annual growth of United Kingdom (UK) beef in value between 2015 to 2019 was -24%, per year, while annual growth in quantity during the same period was -20%, per annum.
United Kingdom (UK) ordered 271,215 tonnes of beef in 2019.