Forecast: Import of Live Bovine Animals Except Pure-Bred Breeding to Canada

The import of live bovine animals to Canada, excluding pure-bred breeding, saw actual figures up to 2023 at a noteworthy baseline, which sets the stage for continuous predictive analysis. The forecasted data indicates a consistent upward trend from 2024 to 2028, with values escalating annually.

Year-on-year analysis highlights a steady growth pattern. From 2024 to 2025, imports are projected to rise by approximately 5.5%, from 2025 to 2026 by about 5.2%, and similarly progressive increases are expected in subsequent years.. Over this five-year forecast period, the compound annual growth rate (CAGR) suggests an average yearly increase of roughly 5.0%.

Future trends to monitor include:

  • The impact of international trade agreements that might alter import regulations and tariffs.
  • Shifts in the global demand and supply dynamics of live bovine animals.
  • Technological advancements in livestock transport and welfare influencing trade flows.
  • Policy changes in neighboring countries affecting market dynamics.

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