Real prices, reported by farmers
EU beef production has fallen by roughly one million tonnes since 2021 — a structural decline driven by shrinking suckler herds, tighter margins and environmental policy. South American imports are stepping in to fill the gap, rising 13% in the first nine months of 2025.
France, Germany and Italy eat more than half of all beef consumed in the EU. Ireland punches well above its population size. Retail prices vary sharply across cuts — a fillet costs five to six times what mince does per kilogram — and Ireland sits about 28% above the EU average price index at the counter.
2024 EU production
6.25M t
▼ 2.3% vs 2023
2023 EU consumption
6.6M t
▼ 4.7% YOY
EU imports 2025
+13%
195k t Jan–Sep
Dearest cut
~€65/kg
Fillet/tenderloin
EU beef production vs consumption (million tonnes)
Production falling faster than consumption — the widening gap is filled by South American imports
Supply/demand gap (million tonnes)
Negative = domestic production falls short of consumption; covered by imports
Biggest beef demand by EU country (2024, thousand tonnes)
France, Germany and Italy together account for ~55% of all EU beef consumed
Retail beef prices by cut — butcher/supermarket (€/kg, Europe avg. 2025)
Standard retail vs premium breed (Angus, Hereford). Premium Wagyu commands €150–300/kg and is off this scale.
Where beef is dearest at the shop (EU price level index, EU avg = 100)
Ireland sits ~28% above the EU average. Eastern Europe is cheapest — Hungary, Romania and Bulgaria are well below average.
Sources: EU Beef Market Situation Sep 2025 (European Commission) · AHDB EU Beef Structural Declines · AHDB EU Imports Rise 13% · IndexBox EU Beef Market 2024 · MeatBorsa EU Meat Prices 2025