Forecast: Import of Salted, Dried or Smoked Bovine Meat to Canada

In 2023, the import of salted, dried, or smoked bovine meat to Canada was valued at approximately $823.00 thousand USD. From 2024 to 2028, the forecast indicates a steady growth in import values, with the figures demonstrating a positive trend. Specifically, the projected year-on-year increases are around 2.31% in 2025, 2.21% in 2026, 2.12% in 2027, and 2.04% in 2028. Over the five-year period, the compound annual growth rate (CAGR) is anticipated to be approximately 2.17%, highlighting a consistent rise in imports.

Future trends to watch for include:

  • Changes in trade policies or tariffs that could impact import levels and costs.
  • Shifts in consumer preferences towards alternative proteins potentially affecting demand.
  • Economic factors such as exchange rates influencing the cost-effectiveness of imports.

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