Beef Prices in Iceland
| Variety | Market level | Price (US$/kg) | Local (ISK) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Global benchmark | 7.95 | 1,113 | ▼ 3.2% | ▲ 20.1% | World Bank Pink Sheet |
| — | Export (unit value) | 30.63 | 4,289 | ▲ 40.7% | ▲ 40.7% | UN Comtrade (unit value) |
As of May 2026, the beef price in Iceland is US$ 30.63 per kg (4,289 ISK), up 40.7% year-on-year.
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Beef Price History & Trend
Global benchmark (world reference) price for beef, US$ per kg. A dedicated Iceland series begins building from our next crawl. Source: UN Comtrade (unit value).
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes — beef in Iceland
Exports UN Comtrade · 2024
In 2024, Iceland exported $196 (0 t) of beef. That ranks #79 worldwide .
Export value by year (US$)
Export volume by year
Top beef exporters worldwide UN Comtrade · 2024
- #1 US $4.14B · 17.3%
- #2 Australia $3.36B · 14%
- #3 Netherlands $2.37B · 9.9%
- #4 Canada $2.25B · 9.4%
- #5 Ireland $2.07B · 8.6%
Annual export data Iceland · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $196 | 0 t | $21.76 |
| 2022 | $6.7K | 0.2 t | $42.46 |
| 2021 | $2.8K | 0.3 t | $9.14 |
| 2020 | $424 | 0 t | $52.95 |
HS Code
beef is traded under Harmonized System code 0201.30. Trade figures above are compiled for this HS heading.
Sources: trade & HS — UN Comtrade. Values are official reported figures.