The forecast for the import of live bovine animals, excluding pure-bred breeding, into Germany from 2024 to 2028 shows a continuous decline. Starting at 38.213 million USD in 2024, the value is expected to decrease to 27.9 million USD by 2028. The year-on-year variation demonstrates a consistent downtrend, with percentage decreases observed annually. From the available forecast data, the compound annual growth rate (CAGR) reflects a negative trend, highlighting the decreasing economic value of these imports over the five-year period.
Future trends to watch for include:
- Global economic conditions affecting livestock supply chains.
- Potential shifts in Germany's agricultural and livestock policies impacting import dynamics.
- Evolution of consumer preferences towards alternative protein sources impacting demand.
- Trade agreements and tariffs which might alter competitive landscapes for suppliers.