The United States leads as the top importer of live bovine animals with $1.68 billion, followed by Italy at $1.18 billion. Indonesia, Turkey, and Spain make the top five with values of $0.60146 billion, $0.58738 billion, and $0.25109 billion, respectively. From 2023 to 2024, the import value saw an average growth prediction aligned with global market dynamics, further strengthening the dominance of these key players. The CAGR over the last 5 years indicates a steady demand in these countries, with minor fluctuations due to economic and political factors.
Future trends to watch include the increasing demand in emerging markets like China and Indonesia, which could shift the landscape of global trade in live bovine animals. Additionally, the impact of trade policies and sustainability practices may influence the import volumes and values significantly over the coming years.
Top countries in Top Importers of Live Bovine Animals
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 1,680 | 2016 | |
| 2 | 2 Italy | 1,180 | 2016 | |
| 3 | 3 Indonesia | 601.46 | 2016 | |
| 4 | 4 Turkey | 587.38 | 2016 | |
| 5 | 5 Spain | 251.09 | 2016 | |
| 6 | 6 Netherlands | 249 | 2016 | |
| 7 | 7 China | 230.97 | 2016 | |
| 8 | 8 Israel | 224.67 | 2016 | |
| 9 | 9 Belgium | 169.22 | 2016 | |
| 10 | 10 Egypt | 141.94 | 2016 |
