Forecast: Import of Frozen Bone-in Bovine Cuts to China

The forecast for the import of frozen bone-in bovine cuts to China from 2024 to 2028 shows a steady increase from $547.22 million in 2024 to $643.77 million in 2028. This represents a continuous upward trend with year-on-year growth rates of approximately 4.5% to 4.8%. Assuming a modest growth from previous years, this steady rise suggests strong demand in the Chinese market. The Compound Annual Growth Rate (CAGR) spanning from 2024 to 2028 is indicative of a consistent upward trajectory, reflecting China's increasing appetite for imported beef products.

Future trends to watch for include:

  • Potential shifts in consumer preferences towards imported beef due to growing middle-class income levels.
  • Changes in trade policies or tariffs affecting beef imports.
  • Emerging competitors or alternative protein sources within the Chinese market.
  • Impact of global beef supply dynamics and prices.

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