The forecast for the UK import of fresh or chilled bone-in bovine cuts indicates a steady growth from 2024 to 2028, with notable increases in value from $93.495 million in 2024 to $95.383 million in 2028. In 2023, the imports were valued at approximately $93 million. Year-on-year, each forecast year shows a moderate increase of around 0.5% to 0.6%, demonstrating a consistent upward trend. The Compound Annual Growth Rate (CAGR) over this five-year period reflects a stable market trajectory, suggesting modest demand growth for these products.

Future trends to watch for include:

Potential fluctuations in import tariffs and trade agreements affecting import costs.
Shifts in consumer preferences towards sustainable and locally sourced meats.
The impact of economic factors, such as inflation and exchange rates, on import levels.
Technological advancements in meat preservation impacting market dynamics.