The import value of fresh or chilled bovine carcasses and half carcasses to Italy is projected to decrease progressively from 2024 to 2028. Starting at 252.87 million USD in 2024, it is expected to decline to 194.28 million USD by 2028. This represents an approximately 23.13% decline over the forecasted period, with an implied negative compound annual growth rate (CAGR) of about 3.53% over these five years.
Key trends to watch in the future include:
- Potential shifts in consumer preferences towards alternative proteins.
- Changes in trade policies that could impact tariffs and import costs.
- Fluctuations in domestic beef production impacting import needs.
- Global economic factors influencing international beef prices.
