In 2023, India's beef meat export volume stood at an estimated 1.02 million metric tons. The forecast data from 2024 to 2028 indicates a consistent decline in export volumes year-on-year. The projections suggest a decrease from 1.0 million metric tons in 2024 to 0.898 million metric tons by 2028, marking an overall decline trend. The average annual decline rate, or CAGR, over this five-year period is approximately 2.1%.
Future trends to watch for include changes in global demand for beef, India's domestic policies affecting livestock export, and competition from other beef-exporting nations. Monitoring trade agreements and regional market conditions will be crucial in predicting and understanding shifts in India's beef export dynamics.
