The forecast for cattle imports in Canada from 2024 through 2028 shows a steady upward trend, starting at 323,000 heads in 2024 and reaching 333,000 heads by 2028. Remarkably, this represents a cumulative increase of approximately 3.10% over the five-year period, averaging a Compound Annual Growth Rate (CAGR) of 0.77%. This growth exhibits a consistent year-on-year increase, indicating a stable demand for cattle imports in the country.

Future trends to watch for include:

Potential impacts of trade agreements or tariffs which could affect import volumes.
Climate change and its effects on domestic cattle production which may alter import needs.
Economic shifts affecting consumer demand for beef, influencing import volumes.