The forecast for the re-import of fresh or chilled bone-in bovine cuts to France indicates a steady decline from 2024 to 2028. In 2023, the re-import value stood at a certain level, but by 2024, it is expected to be 196.02 thousand USD. The trend continues downward, with a year-on-year decrease of approximately 11% between 2024 and 2025, and a similar decline is expected in subsequent years. The projected compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is negative, indicating an average annual decrease in import value.
Key future trends to watch for include:
- Changes in global trade policies and tariffs impacting import costs.
- Shifts in consumer preferences towards local or sustainable meat products.
- Potential impact of technological advancements in agriculture affecting beef production.
- Market disruptions due to geopolitical events or economic downturns.