The projected import of beef and veal meat in the US shows a steady increase over the period 2024-2028, starting at 1.65 million metric tons in 2024 and reaching 1.71 million metric tons by 2028. For context, imports in 2023 were at 1.63 million metric tons. This indicates a consistent growth pattern in beef and veal meat imports, with a year-on-year increase ranging between 0.6% and 1.2%. The compound annual growth rate (CAGR) over this five-year period is approximately 0.9%.
Future trends to watch include changes in consumer preferences towards plant-based diets, potential trade policy shifts, and the impact of global beef supply chain disruptions due to climate change or disease. These factors may influence future import demands and trends.
