The forecast for the import of frozen boneless bovine cuts to Brazil from 2024 to 2028 shows a steady increase. In 2024, the imports are projected at 14.274 million kilograms, gradually rising to 14.448 million kilograms by 2028. This represents a moderate annual growth rate, but the data for 2023 is missing, which impacts the assessment of percentage variations from the previous year. Nonetheless, the compounded annual growth rate (CAGR) over this period indicates steady, albeit slow, market expansion.
Future trends to watch include:
- Potential regulatory changes affecting import policies or beef trade agreements.
- Fluctuations in domestic production that may alter import needs.
- Global economic factors impacting meat prices and consumption patterns in Brazil.