The import of fresh or chilled bone-in sheep cuts to the US demonstrates a consistent upward trend from 2024 to 2028, with projected values rising from $403.94 million in 2024 to $443.39 million by 2028. Although 2023 data is not specified, this rising pattern indicates a steady annual growth rate, with year-on-year increments averaging around 2.3%. The compound annual growth rate (CAGR) over the forecasted five-year period remains positive and consistent. This consistent growth reflects heightened demand or potential increases in supply capabilities.
Future trends to watch for include:
- Changes in consumer preferences towards lamb or mutton.
- Trade policies impacting import tariffs or regulations.
- Supply chain dynamics affecting the price and availability of sheep cuts.
- Potential competition from domestic or alternative international suppliers.
