In 2023, Canada's beef meat export volume stood at 505.00 thousand metric tons. The forecasted data from 2024 to 2028 show a steady increase from 512.97 thousand metric tons in 2024 to 544.68 thousand metric tons in 2028. This represents a compound annual growth rate (CAGR) of approximately 1.5% over the five-year period.
Over the last two years, the year-on-year growth rate shows:
- From 2024 to 2025: approximately 1.59% increase
- From 2025 to 2026: approximately 1.54% increase
- From 2026 to 2027: approximately 1.48% increase
- From 2027 to 2028: approximately 1.43% increase
Future trends to watch for include potential impacts from global trade agreements, shifts in international demand, and changes in environmental regulations that may affect beef production and export. Monitoring these factors will be crucial for anticipating future export volumes.
