In 2023, Canada's actual beef and veal import stood at a lower level compared to the forecast for 2024, which foresees an increase to 193.58 thousand metric tons. The import volume is projected to rise incrementally each year, reaching 196.42 thousand metric tons by 2028. Year-on-year variations suggest a steady growth pattern. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates a moderate upward trend in import volume.
Future trends to watch for include potential disruptions in global supply chains, shifts in consumer demand towards plant-based alternatives, and the influence of trade policies affecting beef and veal imports in Canada.
