The cattle export market in China for 2023 reported figures at 11.5 thousand units. The forecast from 2024 onward indicates an initial rise to 13.0 thousand units, followed by stabilization at 12.0 thousand units annually from 2025 to 2028. The year-on-year variation presented a growth of approximately 13% in 2024 from 2023, but a subsequent decrease by 7.7% in 2025. The compound annual growth rate (CAGR) for the period spanning from 2023 to 2028 is approximately 0.9%, signifying relatively stable exports over the past few years.
Future trends to watch for:
- Shifts in global demand for beef may influence China's cattle exports.
- China's trade policies and agreements impacting cattle export competitiveness.
- Potential technological advancements in livestock management that could affect export numbers.
- Environmental and sustainability concerns that might drive changes in export strategies.
