In 2023, China's import of frozen meat of bovine animals stood at an actual value, and forecasts indicate a steady increase over the next five years. From 2024, the import value is projected to grow annually from 6.0803 to 7.2288 billion USD by 2028, representing an average compound annual growth rate (CAGR) of around 4.4%. Annual growth rates suggest a year-on-year increase, demonstrating a consistent upward trend in demand.

Future trends to watch for include:

Potential impact of shifting trade policies and tariffs on import volumes.
Changes in domestic consumption patterns due to economic factors or shifts towards alternative protein sources.
Development of China’s domestic beef production capabilities that may affect import demand.