The import of frozen bone-in bovine cuts to Germany in 2024 is forecasted at 32.437 million US dollars, with a steady growth projected year-on-year until 2028, reaching 36.639 million US dollars. This consistent upward trend shows a Compound Annual Growth Rate (CAGR) over the forecast period. The actual import value for 2023 is not provided, but the forecast indicates a strong positive growth trajectory from 2024 onwards.
Future trends to watch for include:
- Economic factors affecting Germany's import capacity and demand for bovine products.
- Currency exchange rates which may impact import costs and volumes.
- Trade policy changes within the EU and with major bovine meat-exporting countries.
- Shifts in consumer preferences towards plant-based alternatives which might affect meat imports.