The forecasted data for the import of fresh or chilled boneless bovine cuts to Canada shows a declining trend from 2024 to 2028. The imports are expected to decrease consecutively each year, starting from 404.87 million USD in 2024 to 385.25 million USD in 2028. This reflects a steady decrease, where the projected Compound Annual Growth Rate (CAGR) is negative, indicating a contraction in the market over the five-year period.

In 2023, the actual import value was not provided, yet it is crucial to evaluate these forecasts considering current import dynamics, trade policies, and demand factors impacting Canada's meat import market.

Future Trends to Watch for:

Policy changes related to international trade and import tariffs could impact future import volumes and values.
Shifting consumer preferences towards alternative protein sources may further decrease demand.
Price volatility in the global meat market and currency fluctuations may affect import costs and consumption levels.