The import of fresh or chilled bovine meat to Germany is projected to grow steadily from 2.1853 billion USD in 2024 to 2.3236 billion USD by 2028. This represents a consistent year-on-year increase, around 1.61% annually throughout the forecasted period.
In 2023, the value of these imports stood at approximately 2.151 billion USD, indicating a gradual increase over the years. The additional annual growth through 2028 reflects a compound annual growth rate (CAGR) of roughly 1.81% from 2024 to 2028.
Future trends to watch for include potential bilateral trade agreements that could impact import costs, environmental policies influencing sustainable meat production, and shifts in consumer demand favoring alternative protein sources, which might alter import dependencies.