The forecast for the import of fresh or chilled bovine carcasses and half carcasses to Canada indicates an ascending trajectory from 2024 to 2028. The figures in thousand kilograms, starting with 122.56 in 2024 and escalating to 148.11 by 2028, illustrate a consistent upward trend. While the data from 2023 is not explicitly provided, the projected increase suggests a positive market demand and growth. The year-on-year growth from 2024 to 2025 is approximately 5.36%, maintaining a similar growth pattern in the following years, with a Compound Annual Growth Rate (CAGR) over five years being a noteworthy metric to analyze.
Future trends to watch include potential shifts in Canadian beef consumption patterns, changes in global market dynamics affecting beef supply, and environmental or regulatory changes influencing imports. Monitoring these variables will be key to understanding the full scope of market movements and opportunities.
