The import of prepared or preserved bovine meat and offal to the US is projected to decrease gradually from 2024 to 2028. Starting at 46.469 million kilograms in 2024, it is forecasted to shrink to 43.807 million kilograms by 2028. For reference, imports stood at a higher level in 2023, underscoring a downward trend. The year-on-year percentage decreases indicate a consistent decline in import volume over the forecast period. The compound annual growth rate (CAGR) over the five-year span suggests an average annual decrease in imports.
Future trends to watch include shifts in consumer demand, changes in US domestic production capabilities, and potential impacts from trade policy adjustments. Increased focus on sustainability and alternative proteins may further influence these import trends.
