In 2023, the import value of fresh or chilled boneless bovine cuts to the US stood at approximately 2.9 billion USD. Forecasts from 2024 to 2028 indicate a steady increase in import value, starting from 3.003 billion USD in 2024 to 3.3372 billion USD by 2028. This represents an average year-on-year increase of about 2.65% over this period.
Future trends to watch for include potential impacts of geopolitical changes, shifts in trade policies, and evolving consumer preference towards plant-based alternatives, which could influence demand and sourcing strategies. Monitoring these elements will be vital for future import predictions and market adjustments.
