In 2023, the value of imports of salted, dried, or smoked bovine meat to the UK stood at $6.0748 million USD. The forecast from 2024 to 2028 shows a consistent decline, with the 2024 value starting at $5.9052 million USD and decreasing annually to reach $5.254 million USD by 2028.
This represents a total decline of approximately 13.5% from 2024 to 2028, indicating a negative compounded annual growth rate (CAGR) over this period.
Future trends to watch for may include changes in consumer preferences towards plant-based alternatives, potential shifts in trade policies, and economic factors affecting import demand. Monitoring these elements is crucial for understanding potential risks or opportunities in this market.
