Average retail price of beef in the UK 2023/24

Steaks were the most expensive cut of beef in the UK as of February 2024. For a kilogram of steak, consumers could expect to pay 16.78 British pounds. Mince was the cheapest beef product, at only 6.84 British pounds per kilogram.

UK beef consumption

Perhaps due to its cheap price point, mince is the most purchased cut of meat in Great Britain. The volume of mince purchased in 2020/2021 was more than double the purchases of the next most popular cut, beef burgers, and grills. In general, consumer spending on meat in the UK has increased. In 2022, spending exceeded 22 billion British pounds for the first time.

Cattle population in the UK

In 2022, the population of cattle and calves in the UK was about 9.4 million and has generally been gradually declining for almost two decades. The number of cows and bulls slaughtered annually has fluctuated during this period, however. In 2021. More than 655,000 cows and bulls were slaughtered in the UK.