The forecasted import of salted, dried, or smoked bovine meat to the UK shows a consistent decline from 2024 to 2028, starting at 600.27 thousand kilograms in 2024 and falling steadily to 369.59 thousand kilograms by 2028. Comparatively, this marks a reduction over these five years. Year-on-year variation indicates a decreasing trend with approximate annual decreases of 10% to 15%. In 2023, the import volume was around 650 thousand kilograms, highlighting a significant declining trend. The CAGR over the forecast period indicates an average annual decrease of about 11%, demonstrating the overall shrinkage in imports.
Future trends to watch include shifts in consumer preferences towards alternative protein sources, potential trade policy changes post-Brexit, and economic impacts influencing the necessity and volume of such imports. Monitoring these factors will be crucial for understanding long-term market behavior.
