As of 2023, US cattle imports stood at 1.86 million units. In the forecast from 2024 to 2028, a gradual annual increase is observed, rising from 1.87 to 1.91 million units. Year-on-year variations indicate consistent growth of approximately 0.53%. Over these five years, the compound annual growth rate (CAGR) is estimated at around 0.53%.
Future trends to watch for:
- Impact of trade agreements and tariffs on import levels.
- Changes in domestic cattle production influencing import needs.
- Consumer demand for beef potentially impacting import volumes.
- Environmental and regulatory shifts affecting cattle supply chains.
