Forecast: Import of Frozen Boneless Bovine Cuts to the UK

The UK's import of frozen boneless bovine cuts is forecasted to grow steadily from 2024 to 2028, with values increasing from 93.141 million kilograms in 2024 to 98.3 million kilograms in 2028. This represents an average annual growth rate, or CAGR, of approximately 1.34% over the forecast period. While the forecasted volumes show stable growth, it is crucial to note that the current levels indicate a modest increase compared to 2023 data, where volumes were lower, emphasizing a consistent upward trend in demand and import needs.

Future trends to watch for include:

  • Potential policy changes post-Brexit affecting import tariffs and supply.
  • Shifts in consumer preferences towards alternative proteins, impacting demand for bovine cuts.
  • Global trade agreements and relationships with key beef-exporting countries influencing supply dynamics.

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