The US import of frozen bone-in bovine cuts is forecast to increase steadily from $49.82 million in 2024 to $56.115 million in 2028. In 2023, imports stood slightly lower, signifying a consistent upward trajectory. The year-on-year growth shows a moderate increase, with an expected Compound Annual Growth Rate (CAGR) of around 3% from 2024 to 2028. This reflects a stable demand and potential growth in the US market for these products.

Future trends to watch for:

Global supply chain disruptions could impact import levels, especially with geopolitical tensions.
Changes in US beef consumption patterns and regulations on beef imports.
Emerging markets and trade agreements affecting overall supply and pricing.