Forecast: Import of Frozen Boneless Bovine Cuts to Canada

In 2023, Canada imported 58 million kilograms of frozen boneless bovine cuts. For 2024, the forecast is 57.389 million kilograms, declining at an average rate of -1.53% annually over the next five years, resulting in import volumes of 55.047 million kilograms in 2028. This downward trend indicates a consistent decrease in imports.

Future trends to watch for include:

  • Changing consumer preferences towards alternative proteins could further impact beef imports.
  • Trade agreements and regulations may influence import volumes and policy shifts could alter market dynamics.
  • Global supply chain and production factors will also play a significant role in future import trends.

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