The forecast for cattle imports in China from 2024 to 2028 suggests a consistent increase, with values rising from 308.0 thousand heads in 2024 to 373.0 thousand heads in 2028. From 2023, where actual data is not provided, if presumed stable or slightly lower, the trend shows a gradual yearly increase around 5% annually, indicating a steady demand growth. The compound annual growth rate (CAGR) over this period is estimated at approximately 4.8%.
Future trends to watch:
- Improvements in domestic cattle farming, which could influence import needs.
- China's economic conditions and consumer demand for beef, impacting import volume.
- Changes in trade policies affecting cattle importation costs and volumes.