The forecast for the import of frozen bone-in bovine cuts to Canada from 2024 to 2028 shows a consistent decline. In 2023, the import volume was higher than the 2024 forecast of 550.38 thousand kilograms. Over the five-year period, the volume decreases to 477.04 thousand kilograms by 2028. The year-on-year percentage variation highlights an annual decrease, with a noticeable trend of diminishing volume. The compound annual growth rate (CAGR) over the five years reflects a steady downward trend.

Future trends to watch for include:

Potential changes in Canadian demand for bovine products influenced by dietary shifts.
Trade agreements that could impact import relationships and tariffs.
Fluctuations in global beef supply and price due to environmental and economic factors.