The import of fresh or chilled boneless bovine cuts to the US is forecasted to show a gradual increase from 486.38 million kilograms in 2024 to 531.28 million kilograms in 2028. Compared to 2023, where data indicates an import level, the projections suggest a steady upward trend.
The year-on-year variations show slight growth: 2025 by 2.39%, 2026 by 2.28%, 2027 by 2.18%, and 2028 by 2.09%. Over the forecasted five-year period, the compound annual growth rate (CAGR) is approximately 2.24%.
Future trends to watch include potential impacts of trade agreements, changes in consumer preferences towards plant-based diets, and the effects of global economic conditions on trade dynamics and meat consumption patterns.