The forecast for the import of live pure-bred breeding bovine animals to Germany shows a consistent annual decline from 2024 to 2028. In 2023, the import volume stood at an estimated value which is not provided in the data. Based on the forecasted data, a year-on-year decrease occurs, with the most significant drop projected from 2024 to 2025, followed by a steady decline until 2028. The compound annual growth rate (CAGR) over the five-year period accentuates this negative trend, indicating a persistent reduction in import volumes.
Future trends to watch for include:
- Potential changes in agricultural policies or trade agreements that could impact import volumes.
- Shifts in domestic breeding practices or demand for livestock in Germany.
- Economic factors affecting agricultural investments and international trade.